487 4 Avenue

Owner: Procida Companies

Debt: July 10, 2023, $29.2 million

Built: 2024

SF: 44,351

Dwelling units: 44

No. of buildings: 1

Class: Semi-Fireproof With Stores (D7)

Floors: 11

Transactions:

• Procida Companies borrowed $29.2 million from Webster Bank for 487 4th Avenue, South Slope, Brooklyn on July 10, 2023.

Development:

• Procida Companies filed new building job 321600497 for 40,207 sqft R-2 building with 44 apartments in South Slope, Brooklyn, on July 06, 2021.

• Shampa Chanda filed new building job 320299011 for 5,135 sqft R-3 building with 1 apartments in South Slope, Brooklyn, on April 21, 2011.

• Balvir Singh filed alteration job B01353727 for building in South Slope, Brooklyn, on February 06, 2026.

• Mandip Kaur filed alteration job B00990577 for 170 sqft building with 1 apartments in South Slope, Brooklyn, on January 15, 2024.

• Balvir Singh filed alteration job B00973695 for building in South Slope, Brooklyn, on December 11, 2023.

• Balvir Singh filed alteration job B00973723 for building in South Slope, Brooklyn, on December 11, 2023.

• Mandip Kaur filed alteration job B00948396 for 5,160 sqft building with 0 apartments in South Slope, Brooklyn, on December 05, 2023.

Violations:

According to city public data, the properties have received $5,000 in ECB penalties and $5,000 in OATH penalties in the last year.