Trifecta Equities Acquires Industrial Building At 590 Union Street Gowanus For $4.5M

The industrial building at 590 Union Street is located in the Gowanus market of Brooklyn. This asset has a total square footage of 1,127 and was sold for $4,500,000, translating to a price per square foot of $3,993. The building covers a total building square footage of 18,504, equating to a price per building square foot of $243.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,500,000
• Address: 590 Union Street
• Market: Gowanus, Brooklyn
• Total SF: 1,127
• PPSF: $3,993
• BSF: 18,504
• PPBSF: $243
• Buyer: Paulius Skema - Trifecta Equities
• Seller: Luigi Arloro

Trifecta Equities’ 590 Union LLC facilitated the transaction, purchasing the industrial building from sellers Luigi and Isabella Arloro.