Alexander Glascock Of Anbau Inc. Acquires Development Site In Brooklyn For $4.3M

The asset involved in this transaction is a development site located at 341 Nevins Street in Brooklyn. The property was sold for $4,300,000, comprising a built square footage of 4,100 square feet, which translates to a price per square foot of $1,048. The building has a bottom square footage of 14,760, resulting in a price per bottom square foot of $291.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,300,000
• Buyer: Alexander Glascock - Anbau Inc.
• Seller: Mark Trager - Equity Residential
• Brokers: Dan Marks, Daniel Lebor, Andrew Manasia & Tom Horrigan - Terra CRG
• BSF: 14,760
• PPBSF: $291
• SF: 4,100
• PPSF: $1,048

This sale involved key individuals including buyer Alexander Glascock representing Anbau Inc. and seller Mark Trager representing Equity Residential. The brokers for this transaction were Dan Marks, Daniel Lebor, Andrew Manasia, and Tom Horrigan from Terra CRG. Notably, this transaction marks the 43rd deal executed in Gowanus by TerraCRG.