5323 1 Avenue

Owner: Boris Motovich

Debt: January 12, 2023, $4.4 million

Built: 1930

Renovated: 2004

SF: 53,149

Dwelling units: 0

No. of buildings: 1

Class: Fireproof (E1)

Floors: 2

Transactions:

• The lender on January 12, 2023 bought a loan with an original principal of $7.1 million from Bank of America, signed by Anthony Varone, secured by 5301 1st Avenue, 1169 Coney Island Avenue, and 1196 Coney Island Avenue, Sunset Park, Brooklyn, when owned by Boris Motovich.

Development:

• Boris Motovich filed plans for alteration in Sunset Park, Brooklyn, on October 19, 2004.

• Boris Motovich filed plans for alteration in Sunset Park, Brooklyn, on July 15, 2016.

• Boris Motovich filed plans for major alteration in Sunset Park, Brooklyn, on December 28, 2007.

• Boris Motovich filed plans for alteration in Sunset Park, Brooklyn, on April 21, 2005.

• Boris Motovich filed plans for alteration in Sunset Park, Brooklyn, on October 01, 2004.