TerraCRG Closes Sale of Gowanus Commercial Property
TerraCRG closed on the $3,748,500 sale of an industrial building at 189 First St. in Brooklyn’s Gowanus neighborhood. Brokers on the deal include the TerraCRG team of Dan Marks, Daniel Lebor and Adam Tannenbaum, along with Jakub Nowak and Jake Torre of Marcus & Millichap and Thomas Cordasco.
“While this property is located within the proposed Gowanus rezoning area, we always believed this property was best suited for a commercial user who was looking to continue operating in the area – which ultimately was the case,” said Marks. “My team is very proud to have completed another sale in Gowanus.”
ABC Collision, an auto repair shop operating for more than 20 years in the area, purchased the property from Advanced JAF Holding, LLC. Located near Barclays Center, the property is surrounded by major developmental projects that are underway or recently completed and is accessible to numerous transit lines.