$1.25M East Flatbush Lot Gets 39-Unit Filing 16 Days After Sale
The buyer is an LLC formed for the lot. DOB lists the owner as a corporation, with an individual named on the filing.
A $1.25 million Brooklyn lot at 1023 Willmohr Street in East Flatbush drew a 7-story, 39-unit New Building filing 16 days after its Sept. 8 deed, with a $1.125 million mortgage recorded alongside the sale, per ACRIS and DOB NOW.
Why it matters
The buyer moved from closing to a full plan filing in about two weeks, which suggests the design was in hand before the deed was signed. DOB NOW job B01464390-I1 describes a proposed new 7-story, 39-unit residential building, and it sits in Plan Examiner Review as of Sept. 28. We found no earlier new-building filing on the lot, so the seller of record, a longtime owner per the property tax owner field, sold ahead of any approved plan.
The numbers
The Sept. 8 deed conveys the lot to 1023 ARM LLC for $1,250,000, which is $32,051 per proposed unit and about $61 per square foot of the 20,434.7 square feet on the filing. The mortgage from Broadview Capital LLC is $1,125,000, or 90% of the price, and an assignment of leases for the same amount was recorded with it. Both were recorded Sept. 14. The filing was prepared by Leandro Nils Dickson Architect, LLC, with Express Filing Inc. as filing representative. DOB lists the owner type as a corporation and names Joe Schwimmer as the owner contact, while the business name field says Not Applicable. The deed itself does not show who signed for the LLC, so we do not say who controls it.
What’s next
Watch for DOB approval of the 39 units, any zoning or affordability filing that explains the unit mix, and a construction loan beyond the $1.125 million acquisition mortgage. For another Brooklyn filing tracked off the deed date, see the New York market page, or 86 University Place in Manhattan.
On the record
What we checked ourselves, and where you can check it too.
- Public recordACRIS deed 2026091100102001, dated Sept. 8, 2026 and recorded Sept. 14, conveys 1023 Willmohr Street (block 4667, lot 44) to 1023 ARM LLC for $1,250,000. The deed is 16 days before the Sept. 24 filing, and the price works out to about $32,051 per proposed unit.View the record on a836-acris.nyc.gov
- Public recordA $1,125,000 mortgage from 1023 ARM LLC to Broadview Capital LLC (doc 2026091100102002) and an assignment of leases for the same amount were recorded Sept. 14 with the deed. The loan equals 90% of the purchase price.View the record on a836-acris.nyc.gov
- Our dataDOB NOW job B01464390-I1 shows a New Building of 7 stories and 39 dwelling units with 20,434.7 total construction square feet, filed by Leandro Nils Dickson Architect, LLC. The owner field is a corporation with an individual named, and the business name reads 'Not Applicable'. The $1.25M price is about $61 per square foot of proposed floor area.View the record on data.cityofnewyork.us
Sources
- NYC ACRIS, deed document 2026091100102001Deed dated Sept. 8, 2026, 1023 Willmohr Street, Brooklyn, to 1023 ARM LLC, amount $1,250,000
- NYC ACRIS, mortgage document 2026091100102002Mortgage, 1023 ARM LLC to Broadview Capital LLC, amount $1,125,000
- NYC DOB NOW Build filings, job B01464390-I1New Building filing, 7 stories, 39 dwelling units, 20,434.7 sq ft, filed Sept. 24, 2026