663 Classon Avenue
Crown Heights, Brooklyn
Parcel ID (BBL): 3011420002
Owner: Black Spruce Management
Acquired: July 27, 2021, $22.1 million
Debt: November 12, 2021, $21 million
Built: 1931
SF: 6,500
Dwelling units: 6
No. of buildings: 1
Class: Primarily Five to Six Family With Store or Office (S5)
Floors: 4
Transactions:
• Black Spruce Management borrowed $21 million from Sterling National Bank for 663 Classon Avenue, 651 Classon Avenue, 643 Franklin Avenue, 667 Classon Avenue, 872 Bergen Street, and others, Crown Heights, Brooklyn on November 12, 2021.
• All Year Management sold 663 Classon Avenue, 649-651 Classon Avenue, 643 Franklin Avenue, 667 Classon Avenue, 872 Bergen Street, and others, Crown Heights, Brooklyn for $22.1 million to Prospect Affordable Package LLC on July 27, 2021.
• NYC Housing Partnership borrowed $17.7 million from Rockrose Development for 663 Classon Avenue, 649-651 Classon Avenue, 643 Franklin Avenue, 667 Classon Avenue, 872 Bergen Street, and others, Crown Heights, Brooklyn on July 27, 2021.
Violations:
According to city public data, the properties have received four housing violations and $25 in OATH penalties in the last year.