Greenbrook Partners Acquires Mixed-Use Properties In Gowanus & Bedford-Stuyvesant For $7.29M

The mixed-use property located at 527 Carroll Street and 861 Halsey Street in Gowanus and Bedford-Stuyvesant has been sold for a total price of $7,290,000. The property features a building size of 10,000 square feet, equivalent to a price per square foot of $729. With a lot size of 2,500 square feet, the property offers a lucrative opportunity for development. The previous sale of the property took place on November 16, 2015, for a price of $3,400,000. An alteration permit was issued on November 4, 2019, indicating potential modifications to the property. The current zoning is M1-2, allowing for mixed-use development.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $7,290,000
• Building Square Footage: 10,000
• Price Per Square Foot: $729
• Lot Size: 2,500 square feet
• Last Sale Price: $3,400,000
• Permits: Alteration 2 (11/04/2019)
• Zoning: M1-2

The transaction was facilitated by the buyer, Greenbrook Partners, and the seller, Oren Hakim. Greenbrook Partners successfully acquired the property, positioning themselves for potential development and future growth. The M1-2 zoning allows for a variety of mixed-use possibilities, enhancing the property's potential for future profitability and versatility.