638 Grand Avenue
Crown Heights, Brooklyn
Parcel ID (BBL): 3011540024
Owner: Loketch Group
Acquired: September 08, 2023, $8.3 million
Debt: September 14, 2023, $23.8 million
Built: 2024
SF: 45,583
Dwelling units: 32
No. of buildings: 2
Class: Semi-fireproof (Without Stores) (D1)
Floors: 7
Legacy BBLs: 3011540024
Transactions:
• Loketch Group borrowed $23.8 million from iCross Capital for 630 Grand Avenue, 399 Prospect Place, and N/A Grand Avenue, Crown Heights, Brooklyn on September 14, 2023.
• Loretta Marotto sold 630 Grand Avenue and N/A Grand Avenue, Crown Heights, Brooklyn for $8.3 million to Loketch Group on September 08, 2023.
Development:
• Loketch Group filed new building job B00853443 for 34,654 sqft R-2 building with 32 apartments in Crown Heights, Brooklyn, on May 01, 2023.
• Frank Marotto filed major alteration job 301338069 for E building in Crown Heights, Brooklyn, on April 19, 2002.
• Eddie Gazheli filed alteration job B01373816 for 46,192 sqft building with 32 apartments in Crown Heights, Brooklyn, on March 18, 2026.
• Eddie Gazheli filed alteration job B01373820 for 46,192 sqft building with 32 apartments in Crown Heights, Brooklyn, on March 18, 2026.
• Shimon Kleinman filed alteration job B01153912 for 46,192 sqft building with 32 apartments in Crown Heights, Brooklyn, on December 11, 2024.
• Eddie Gazheli filed alteration job B01090471 for 46,192 sqft building with 32 apartments in Crown Heights, Brooklyn, on August 02, 2024.
• Eddie Gazheli filed alteration job B01058781 for 46,192 sqft building with 32 apartments in Crown Heights, Brooklyn, on June 04, 2024.
Most recent Zoning Diagram (ZD1)
Violations:
According to city public data, the properties have received two DOB violations and $26,250 in OATH penalties in the last year.