Domain Companies Acquires Industrial Property In Mott Haven For $12.23M

The industrial property located at 444 Gerard Avenue in Mott Haven was recently sold for a price of $12,230,000. The property has a total square footage of 69,832, with a price per square foot of $175. It features a lot size of 100.17 ft x 118.08 ft and falls under the zoning categories of M1-4/R8A and MX-13. The sale took place on December 31, 2020, with the buyer being Domain Companies, represented by Matthew Schwartz, and the seller being Douglas Halman.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,230,000
• Address: 444 Gerard Avenue
• Market: Mott Haven
• Zoning: M1-4/R8A, MX-13

Matthew Schwartz, representing Domain Companies, played a key role as the buyer in this transaction. On the other hand, Douglas Halman acted as the seller. The property had undergone full demolition permits in August 2020.