481 Eastern Parkway

Owner: Pinnacle Group

Built: 1920

SF: 15,372

Dwelling units: 16

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 4

Development:

• Isak Radoncic filed major alteration job 321326819 for 18,520 sqft R-2 building with 21 apartments in Crown Heights, Brooklyn, on April 07, 2016.

• Isak Radoncic filed alteration job 321671142 for RES building with 21 apartments in Crown Heights, Brooklyn, on October 18, 2017.

Litigation:

• Pinnacle Group on May 21, 2025, filed a $574.4 million bankruptcy 25-11050 for 481 Eastern Parkway that has creditor Flagstar Bank.

• Flagstar Bank filed a $296.9 million pre-foreclosure 509749/2025 on March 22, 2025, against Pinnacle Group and Joel Wiener at 481 Eastern Parkway.

Violations:

According to city public data, the properties have received 26 housing violations and $3,000 in OATH penalties in the last year.