Largest Development Sale in New York City in 2021 300 Nevins Street Gowanus
Closed in 2022 at $102,000,000
<p>TerraCRG successfully brokered the $102 million sale of 300 Nevins Street, a 505,000-square-foot development site in Gowanus, Brooklyn, marking the largest residential development transaction in New York City in 2021. TerraCRG Partners Ofer Cohen, Dan Marks, and Daniel Lebor exclusively represented the seller, Property Markets Group, through a formal marketing and competitive bidding process, ultimately selling to Tavros Capital and Charney Companies. Strategically located in the heart of the newly rezoned Gowanus neighborhood, the site represented the beginning of large-scale residential development in the area following rezoning. The project is expected to deliver significant new housing, including much-needed affordable units, helping shape the next phase of Gowanus’ transformation.</p>
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About this Property
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Cross Streets
C/O Nevins/Carroll St
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Total SF
101,000
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Density
5.0
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Buildable SF
505,000
