facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Retail

Apr 13, 2026

590 Degraw LLC Set to Break Ground on 80 Unit Rental Project at 213 3rd Avenue in Gowanus

590 Degraw LLC Set to Break Ground on 80 Unit Rental Project at 213 3rd Avenue in Gowanus

Traded Media

Traded Media
Traded Media

Traded Editorial

2 min read
  • 590 Degraw LLC is developing an 80-unit rental building in Gowanus
  • The project spans 82942 square feet with 5861 square feet of retail
  • Completion is targeted for summer 2027

What 590 Degraw LLC is building in Gowanus

Groundbreaking is set to begin at 213 3rd Avenue, where 590 Degraw LLC is moving forward with a 14-story residential development. The building will rise 145 feet and deliver 80 rental units across 82942 square feet. The average unit size of 963 square feet suggests a focus on larger layouts, positioning the property toward higher-income renters and households seeking more space within Brooklyn. The development will also include 5861 square feet of commercial space, reinforcing a mixed-use strategy that supports both rental income and street-level activation.

What the design and features signal for investors

Designed by Kushner Studios, the building will feature a structured massing with a chamfered corner and multiple setbacks leading to a landscaped roof terrace. The design incorporates earth-toned paneling on lower levels and gray finishes above, creating a modern but balanced facade. The project includes a cellar, a 30-foot rear yard, and a ten vehicle parking garage, all of which add functional value and broaden tenant appeal. Retail frontage at the base is framed by large windows and structural columns, positioning the space to attract neighborhood-serving tenants.

What this means for Gowanus multifamily demand

This project reflects the continued transition of Gowanus from an industrial zone into a residential and mixed-use neighborhood. Developers are increasingly targeting the area due to rezoning and growing demand. The property benefits from proximity to the Union Street subway station, providing access to the R line and supporting strong leasing fundamentals. Larger unit sizes combined with transit access and new construction products are likely to command premium rents, particularly as supply in the area continues to expand.

What to watch ahead of completion

The site has already been cleared, and piling equipment is in place, indicating construction is imminent. The project is expected to be completed by summer 2027. As the development progresses, further details on unit mix and amenities will provide additional clarity on pricing strategy and positioning within the Gowanus rental market.


#New York#Retail#Multifamily#Development Site
Published: Apr 13, 2026Last updated: April 13, 2026