Zipporah Goldstein entity signs $11.1M refi with Lument for 32-unit walkup in Park Slope

The entity Lido 719-723 9th Avenue LLC, affiliated with Zipporah Goldstein and Ilan Goldstein, as borrower signed a refi loan with lender Lument through the entity Lument Real Estate Capital, LLC valued at $11.1 million for the 32-unit residential walkup building (C1) at 719-723 8th Avenue in Park Slope, Brooklyn.
The deal closed on March 24, 2026 and was recorded on April 15, 2026. The prior lender was Flagstar Bank which held debt that had an original loan amount of $16 million.The property has 29,961 square feet of built space for a total buildable of 30,000 square feet according to a PincusCo analysis of city data. The loan price per built square foot is $369 and the price per buildable square foot is $369 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The owner bought the property on July 2, 2015, for $27 million. The signatory for Zipporah Goldstein and Ilan Goldstein was Richard A. Kaplin . The signatory for Lument was Noelle M. Bartrum .

Prior sales, articles and revenue

The owners according to the Department of Housing Preservation and Development includes Zipporah Goldstein, head officer and Ilan Goldstein, officer. The business entity is Lido Realty Llc. The 29,961-square-foot property generated revenue of $1.4 million or $47 per square foot, according to the most recent income and expense figures.

The property

The residential walkup building with 32 residential units in Park Slope has 29,961 square feet of built space for a total buildable of 30,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 100 feet and is 100 feet deep with a total lot size of 10,000 square feet. The zoning is R7B which allows for up to 3 times floor area ratio (FAR) for residential. The property is in the Park Slope Historic District Extension. The city-designated market value for the property in 2022 is $8.5 million. Lument on March 24, 2026 bought a loan with an original principal of $16.0M from Flagstar Bank signed by Meghan Nosworthy , secured by 719-723 8th Avenue, when owned by Zipporah Goldstein|Ilan Goldstein.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received one housing violation and $400 in OATH penalties in the last year.

Development

For the tax lot building, it received its initial certificate of occupancy on January 7, 2016. There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of 12 of the 17 commercial properties representing 111,785 square feet of the 182,323 square feet. The largest owner is Flatiron Real Estate Advisors, followed by Zipporah Goldstein and then Ramon Maislen.
There are no active new building construction projects on this tax block.

The majority, or 80 percent of the 182,323 square feet of built space are walkup buildings, with specialty buildings next occupying 20 percent of the space.

The borrower

The PincusCo database currently indicates that Zipporah Goldstein owned at least one commercial property with 32 residential units in New York City with 29,961 square feet and a city-determined market value of $7.9 million. (Market value is typically about 50% of actual value.) The portfolio has $16 million in debt, borrowed from Flagstar Bank. The portfolio consists of at least a single walkup property.

Direct link to Acris document. link