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New York & Tri-State  + Outer  + Industrial  | 

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.  


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).