Avishy Fisher Acquires Warehouse In Gowanus, Brooklyn For $5.4M

The recently closed property transaction in Gowanus, Brooklyn involved a warehouse located at 274 4th Avenue. The warehouse is situated in an M1-2 zoned area, making it suitable for industrial use. The transaction took place on 06/02/2021, with Avishy Fisher acting as the buyer and Ekaterini Kipriadis as the seller. The property was sold for a total price of $5,365,500.

Summary of transaction details

• Property Type: Warehouse
• Transaction Amount: $5,365,500
• Address: 274 4th Avenue, Gowanus, Brooklyn

The warehouse has a building square footage (BSF) of 7,514, resulting in a price per BSF of $714. The total lot size measures 1,975 square feet, with dimensions of 20 ft x 187.83 ft. The property has a floor area ratio (FAR) of 1.00 and falls under tax class 4. Additionally, an alteration type 1 permit was issued on 09/09/2020.

It is noteworthy to mention that the price per square foot (PPSF) for this warehouse is $1,428, based on a total square footage (SF) of 3,757. The transaction represents a significant deal in the industrial property market of Gowanus, Brooklyn.