975 Walton Avenue
Concourse, Bronx
Parcel ID (BBL): 2024760022
Owner: Chestnut Holdings Of New York
Acquired: January 09, 2024, $18 million
Debt: January 09, 2024, $13.4 million
Built: 1930
SF: 279,000
Dwelling units: 182
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 6
Transactions:
• Chestnut Holdings of New York borrowed $13.4 million from Beltway Capital Management for 975 Walton Avenue, Concourse, Bronx on January 09, 2024.
• Benzion Kohn sold 975 Walton Avenue, Concourse, Bronx for $18 million to Chestnut Holdings of New York on January 09, 2024.
Development:
• Dalip Singh filed plans for alteration in Concourse, Bronx, on April 24, 2024.
• Harjit Singh filed plans for A3 in Concourse, Bronx, on July 30, 2012.
• Meyer Brecher filed plans for alteration in Concourse, Bronx, on January 22, 2013.
• Alan Ober filed plans for A3 in Concourse, Bronx, on January 10, 2013.
• Phil Goldstein filed plans for A3 in Concourse, Bronx, on September 16, 2010.
Litigation:
• Benzion Kohn on February 25, 2021, filed a $21.7 million bankruptcy 1-21-40487-jmm for 975 Walton Avenue.
• Jonathan Wiener filed a $21.7 million pre-foreclosure 802465/2021E on February 23, 2021, against Benzion Kohn at 975 Walton Avenue.
Violations:
According to city public data, the properties have received two DOB violations, $5,000 in ECB penalties, 244 housing violations, $9,000 in OATH penalties, and four housing litigations in the last year.