Nicholas Lembo Acquires Commercial Property In Gowanus, Brooklyn For $5.7M

The commercial property located at 142 2 Street in Gowanus, Brooklyn has been sold in a transaction dated March 9, 2022. The property is zoned as M2-1 and has a total building square footage (BSF) of 24,396. The price for the property was $5,700,000, resulting in a price per building square footage (PPBSF) of $233. The property itself has a total square footage (SF) of 3,972, with a price per square footage (PPSF) of $1,435.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $5,700,000
• Buyer: Nicholas Lembo
• Seller: Philip J. Scafuri
• Market: Gowanus, Brooklyn
• Zoning: M2-1

Nicholas Lembo acted as the buyer in this transaction, while Philip J. Scafuri served as the seller. The property has a floor area ratio (FAR) of 0.56 and a tax class of 4. Additionally, the lot size is 7,092 square feet, with dimensions of 70.92 ft x 100 ft.