859 East 29 Street
Midwood, Brooklyn
Parcel ID (BBL): 3075750068
Owner: Ira Russack
Debt: September 19, 2022, $14 million
Built: 1928
SF: 38,240
Dwelling units: 0
No. of buildings: 1
Class: Office Only – 2-6 stories (O2)
Floors: 2
Transactions:
• Company sold 2236 Nostrand Avenue, Midwood, Brooklyn for $0 to company on September 19, 2022.
• Company sold 2236 Nostrand Avenue, Midwood, Brooklyn for $0 to company on September 19, 2022.
• Ira Russack borrowed $14 million from Webster Bank for 2236 Nostrand Avenue, 2220 Nostrand Avenue, and N/A East 28th Street, Midwood, Brooklyn on September 19, 2022.
• 2236 Nostrand LLC on March 15, 2022 bought a loan with an original principal of $7 million from Signature Bank, signed by Jesse Punn, secured by 2236 Nostrand Avenue, Midwood, Brooklyn, when owned by Ira Russack.
Development:
• Ira Russack filed plans for alteration in Midwood, Brooklyn, on November 18, 2022.
• Ira Russack filed plans for alteration in Midwood, Brooklyn, on November 18, 2022.
• Ira Russack filed plans for alteration in Midwood, Brooklyn, on November 18, 2022.
• Ira Russack filed plans for alteration in Midwood, Brooklyn, on November 18, 2022.
• Ira Russack filed plans for alteration in Midwood, Brooklyn, on November 18, 2022.
Violations:
According to city public data, the properties have received $1,000 in OATH penalties in the last year.
