85 4th Avenue lands $120M

Overview

85 4th Avenue LLC granted Bank Hapoalim B.M. three mortgages, recorded in city records on Dec. 30, 2025 and dated Dec. 16, 2025. The recorded amounts are $25,000,000, $73,220,634 and $21,779,336.

The mortgages cover nine lots on Brooklyn Block 934, with addresses on 4th Avenue and St. Marks Place, including 85 4th Avenue, 79 4th Avenue and 82 St. Marks Place. Each mortgage was recorded with a matching assignment of leases and rents.

The site is the Solace apartment building, which sits on the Park Slope and Gowanus border at 74 St. Marks Place, also listed as 85 4th Avenue, according to 6sqft. The building offers 247 residences, per the same report.

A multi-tranche mortgage package from a single bank on a building of this size points to substantial construction or permanent debt behind the project. The recorded documents do not state the loan's purpose.

Parties Involved 2 recorded

Counts and combined values are computed from Hush Street’s own published Deal records only. “Combined” is the total value of the transactions a party appears on, not capital deployed by that party, and two parties on the same transaction each reflect its full amount. Not a career or market total.

Marks shown are Hush Street editorial monograms, generated from each party’s recorded name — not official company logos.

Property & Project