Reid Apartments
East Flatbush, Brooklyn
Parcel ID (BBL): 3047950016
Owner: Brp Companies
Acquired: December 14, 2023, $23.3 million
Debt: December 14, 2023, $631.5 million
Built: 1968
SF: 139,710
Dwelling units: 230
No. of buildings: 1
Class: Miscellaneous (D9)
Floors: 20
Transactions:
• BRP Companies, Fairstead and Urbane borrowed $631.5 million from Merchants Capital and NYC Housing Development Corporation for 710 East New York Avenue, 1448 Utica Avenue, 619 Howard Avenue, 2041 Pacific Street, 25 Tapscott Street, and others, East Flatbush, Brooklyn on December 14, 2023.
• New York City Housing Authority sold 710 East New York Avenue, 1448 Utica Avenue, 619 Howard Avenue, 2041 Pacific Street, 25 Tapscott Street, and others, East Flatbush, Brooklyn for $23.3 million to BRP Companies, Fairstead and Urbane on December 14, 2023.
Development:
• Michael Kornspun filed plans for major alteration for 133,060 sqft in East Flatbush, Brooklyn, on November 13, 2025.
• Michael Kornspun filed plans for alteration in East Flatbush, Brooklyn, on November 07, 2025.
• Michael Kornspun filed plans for alteration in East Flatbush, Brooklyn, on August 07, 2025.
• Lucio.Gil Rumaldo filed plans for alteration in East Flatbush, Brooklyn, on February 25, 2025.
• Jennifer Lau filed plans for alteration in East Flatbush, Brooklyn, on February 17, 2025.
Violations:
According to city public data, the properties have received two DOB violations, 38 housing violations, $600 in OATH penalties, and four housing litigations in the last year.