881 Dekalb Avenue

Owner: Alchemy Ventures

Debt: March 02, 2022, $19.8 million

Built: 1931

Renovated: 2020

SF: 13,000

Dwelling units: 22

No. of buildings: 1

Class: Over Six Families Without Stores (C1)

Floors: 5

Transactions:

• Alchemy Properties borrowed $19.8 million from New York Community Bank for 879 Dekalb Avenue, 319 Malcolm X Blvd, 654 Putnam Avenue, 804 Macon Street, 419 Marcus Garvey Blvd, and others, Bedford-Stuyvesant, Brooklyn on March 02, 2022.

• Company sold 879 Dekalb Avenue, Bedford-Stuyvesant, Brooklyn for $567,755 to company on January 20, 2022.

Development:

• Alex Horn filed plans for major alteration in Bedford Stuyvesant, Brooklyn, on April 27, 2023.

• Alex Horn filed plans for alteration in Bedford Stuyvesant, Brooklyn, on March 15, 2023.

• Samuel Kooris filed plans for alteration in Bedford Stuyvesant, Brooklyn, on October 05, 2020.

• Tauqir Hussain filed plans for A3 in Bedford Stuyvesant, Brooklyn, on February 15, 2005.

• David Bowen filed plans for alteration in Bedford Stuyvesant, Brooklyn, on September 27, 2013.

Violations:

According to city public data, the properties have received 10 housing violations, $4,650 in OATH penalties, and one housing litigation in the last year.

Latest Stories:

• Alchemy Properties signs $19.8M refi with New York Community for 8 walkup buildings in Bed Stuy (March 03, 2022)