A notable Italianate villa on Clinton Avenue, currently in the beginning stages of being demolished, is back on the market.
The freestanding 1850s house at 532 Clinton Avenue is listed as a development site for $9.76 million by Daniel Cohen and Andrew Schwartz at Corcoran. It’s located just outside the Clinton Hill Historic District.
It was last listed for $9.9 million in 2017. A previous listing had the home for sale at $11.9 million, and it was put on the market in 2009 for $3.5 million, as we noted at the time, but didn’t sell.
It will be delivered along with approved plans, according to the listing. Permits have been filed to build a 16-unit, eight-story residential building in its place. At 27,120 square feet, that averages to 1,695 square feet per apartment, which suggests condos.
The heirs of longtime owner James N. Warren sold the house in December 2016 to 532 Clinton Avenue Corp. for $525,000, public records show. But in June 2018, a correction deed was issued and another sale involving the same parties closed in July for $3,694,444.
Building permits list Yuval Golan as a partner and owner. His company, Bapaz Aderet Properties Corp, sold a property just down the block at 505 Clinton Avenue for $3.8 million in 2016 and where apartments are planned. There was once a modest and likely even older Greek Revival wood frame house there as well, which was torn down before the sale.
Golan has been in the news for prior real estate dealings. According to the New York Post, a lawyer for an 84-year-old woman named Evelyn Popalardo filed a suit against Golan and Bapaz Aderet Properties Corp in 2010 after her son sold her Sunset Park home to the developer for $6,000.
The same year, an action was brought against Golan and a partner named Samiel Hanasab (who is also named in the most recent deed for 532 Clinton Avenue) over their purchase of a home at 27 Chester Court in Prospect Lefferts Gardens. A guardian for the owner, Vita Vaughn, alleged that Golan and Hanasab “withheld funds due Vaughan from the sale of her house” and “joined together in a fraud to deprive her of her property, resulting in their unjust enrichment,” according to court documents.
More recently, Our Times Press published a story that put scrutiny on Golan’s purchase of a brownstone located at 591 Carlton Avenue in Prospect Heights for $50,000 following the death of its owner.
Clinton Hill is booming with development at the moment. Nearby, a freestanding Second Empire mansion at 489 Washington Avenue is being demolished to make way for apartments. On the same block as this Italianate villa at 532 Clinton Avenue, a giant Morris Adjmi-designed development is proposed that will tower over the property and replace a large section at the corner of Clinton Avenue and Atlantic, including Hot Bird.
- Another Historic Clinton Avenue Gem to Be Sold and Razed for Apartments
- Historic Clinton Avenue Villa Hits Market as Tear-Down, Wants $7.9 Million
- Hot Bird-Replacing Skyscraper Tweaked to Play Nice With Landmarked Clinton Hill Church