722 5 Avenue

Owner: Urban Standard Capital

Acquired: March 27, 2020, $2.7 million

Debt: October 31, 2025, $6.2 million

Built: 1930

SF: 6,400

Dwelling units: 6

No. of buildings: 1

Class: Primarily Five to Six Family With Store or Office (S5)

Floors: 4

Transactions:

• Urban Standard Capital borrowed $6.2 million from Arbor Realty Trust for 722 5th Avenue, 719 5th Avenue, and 720 5th Avenue, Greenwood Heights, Brooklyn on October 31, 2025.

• Mariusz Witek sold 722 5th Avenue, Sunset Park, Brooklyn for $2.7 million to Urban Standard Development on March 27, 2020.

Development:

• Jeremy Plofker filed plans for alteration in Greenwood Heights, Brooklyn, on February 15, 2024.

• Jeremy Plofker filed plans for alteration in Greenwood Heights, Brooklyn, on November 11, 2022.

• Mariusz Witek filed plans for alteration in Greenwood Heights, Brooklyn, on January 11, 2016.

• Iisauro Alvarado filed plans for alteration in Greenwood Heights, Brooklyn, on September 19, 2002.

• Mariusz Witek filed plans for alteration in Greenwood Heights, Brooklyn, on August 13, 2014.

Violations:

According to city public data, the properties have received $75 in OATH penalties in the last year.