Avery Hall Investments Acquires Gowanus Development Site For $30M

Located at 204 Fourth Avenue in Gowanus, this development site was recently sold in a closed transaction for $30,000,000. The property spans approximately 19,000 square feet, resulting in a price per square foot of $1,578.

Summary of transaction details:

• Property Type: Development site
• Transaction Amount: $30,000,000
• Square Footage: 19,000
• Price per Square Foot: $1,578
• Address: 204 Fourth Avenue, Gowanus

Avery Hall Investments, represented by Brian Ezra and Avi Fisher, acquired the property from Speedway. The sellers were represented by Andrew Sasson and Chad Sinshemer of Ackman-Ziff, facilitating a successful transaction.