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Plan/Amendment

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Plan ID: C230005 Occupied: RESIDENTIAL
Name: 331 RALPH AVENUE HOUSING DEVELOPMENT FUND CORPORATION (HDFC) Eviction:
Address: 331 RALPH AVENUE Initial Price:
BROOKLYN, NY 11233 Current Price: $3,678,481.00
Boro/County: BROOKLYN Submitted Date: 10/31/2023
Location Code: BROOKLYN Withdrawn Date:
Type: COOPERATIVE Rejected Date:
Construction: NEW Reviewed Date: 08/13/2024
Units: Accepted Date: 08/13/2024
Review Attorney: LEWIS L Abandoned Date:
Action: ACCEPTED Effective Date:
CPS-10 Certification Filed:

Amendment No:3Submitted Date:03/24/2026Next Amendment
Review Attorney:SHAH SReviewed Date:06/23/2026 
Review Engineer: Action:ACCEPTED 
Contents*Click here to view the amendment codes key.:SCHEDULE A - NEW; REVISED DESCRIPTION OF PROPERTY; OTHER: CHANGE IN EFFECTIVENESS THRESHOLD; CHANGE IN MAINTENANCE PAYMENT BASIS FOR SPONSOR AND PURCHASER; UPDATED BUDGET; UPDATED AHC GRANT; UPDATED PURCHASE AGREEMENT; REVISED HOUSE RULES; (6) Previous Amendment

Building Info

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Plan ID: C230005
Number of Units
Commercial 0
Parking 0
Professional 0
Resort 0
Residential 10
•Regulated 0
•Non-Regulated 0
Storage 0
Other 0
Total 10
Project Name: 331 RALPH AVENUE HOUSING DEVELOPMENT FUND CORPORATION (HDFC)
 
Building Type: Coop 
Residential Conversion:  
Residential Vacant: New Construction 
Commercial:  
 
 
 

Statistical Record

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Plan ID: C230005
Project Name: 331 RALPH AVENUE HOUSING DEVELOPMENT FUND CORPORATION (HDFC)
Address: 331 RALPH AVENUE
BROOKLYN, NY 11233
Country: US
County: BROOKLYN
Location: BROOKLYN

Sponsor Name: BJF DEVELOPMENT LLC
Address: 36-35 BELL BOULEVARD
BAYSIDE, NY 11361

Law Firm: NIXON PEABODY LLP
By: ERICA F BUCKLEY, ESQ.
Phone: (212) 940-3733
Address: 55 WEST 46TH STREET
NEW YORK, NY 10036

Type of Offering: NEW CONSTRUCTION OR VACANT COOP
Plan Type: COOPERATIVE
Construction Type: NEW

Principals of Sponsor

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Plan ID: C230005
Project Name: 331 RALPH AVENUE HOUSING DEVELOPMENT FUND CORPORATION (HDFC)
Sponsor Name: BJF DEVELOPMENT LLC
 
Select A Principal Below To View Other Plans Associated With Them.
Last NameFirst NameMITitle/Function
JOBE OLGA PRINCIPAL
RISO JAMES PRINCIPAL
HEANEY III JOHN J PRINCIPAL

Statistical Record

Plan ID:   
 
NAME OF PROJECT: 331 RALPH AVENUE HOUSING DEVELOPMENT FUND CORPORATION (HDFC) File NO: C230005
ADDRESS: 331 RALPH AVENUE DEPOSIT:
CITY: BROOKLYN REC./DATE: (#Fee Waived)
COUNTY: BROOKLYN BALANCES:
STATE: NY REC./DATE:
ZIP: 11233 INIT. PP:
SPONSOR: BJF DEVELOPMENT LLC PP on Accep: $3,149,216.00
SPONSOR'S ATTORNEY (Firm): NIXON PEABODY LLP Atty.: BUCKLEY, ESQ. E
BY: ERICA F BUCKLEY, ESQ. PLAN REC'D:
ADDRESS: 55 WEST 46TH STREET ASSIGNED TO: LEWIS L
NEW YORK, NY 10036 REJECTED:
PLAN TYPE: PT21 (NC/Vac Coop) WITHDRAWN:
ABANDONED:
ACCEPTED: 08/13/2024
DATE EFFECTIVE:
UNITS SOLD:

BUILDING INFORMATION

Building Type: Coop No. Units Total:

PRINCIPALS OF SPONSOR

Last Name First Name MI Title/Function
JOBEOLGAPRINCIPAL
RISOJAMESPRINCIPAL
HEANEY IIIJOHNJPRINCIPAL

AMENDMENTS

No: 3 Submitted Date: 03/24/2026 Review Attorney: SHAH S
Review Date: 06/23/2026 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SCHEDULE A - NEW; REVISED DESCRIPTION OF PROPERTY; OTHER: CHANGE IN EFFECTIVENESS THRESHOLD; CHANGE IN MAINTENANCE PAYMENT BASIS FOR SPONSOR AND PURCHASER; UPDATED BUDGET; UPDATED AHC GRANT; UPDATED PURCHASE AGREEMENT; REVISED HOUSE RULES; (6) Receipt Number:

No: 2 Submitted Date: 03/02/2026 Review Attorney: SHAH S
Review Date: 03/02/2026 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : 11; CHANGE IN PRICE $327,478; NEW TOTAL OFFERING PRICE $3,678,481; REVIEWED 4/1/2026; (0) Receipt Number:

No: 1 Submitted Date: 05/13/2025 Review Attorney: LEWIS L
Review Date: 06/09/2025 Action: ACCEPTED
Contents*Click here to view the amendment codes key. : SCHEDULE A - NEW; 71; UPDATES FIRST YEAR OF OPERATION TO 01/01/2026; OTHER: PURCHASE AGREEMENT; MANAGING AGENT; MANAGEMENT AGREEMENT; (6) Receipt Number:


Documents

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Please note that certain documents associated with this plan ID may not be posted below despite others being posted below. Only documents that have been prepared for posting will be posted below; additional documents may be added on an ongoing basis as they are prepared. Please also note that if more than 10 documents are posted, they will appear on multiple pages.

Total documents found: 2
C230005_331 Ralph Avenue Housing Development Fund Corporation (HDFC)_Amendment 3.pdf 1.27 MB
C230005_331 Ralph Avenue Housing Development Fund Corporation (HDFC)_Amendment 2.pdf 0.124 MB