Closed 12/15/2017

200’ of Frontage – 42,000 SF Building

545 Sackett Street

Gowanus

Closed 12/15/2017 at
$26,500,000

40,000 SF Building/Lot Dimensions
M1-2 Zoning
80,000 SF Commercial BSF
Nevins St & 3rd Ave Cross Streets
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Industrial 545 Sackett Street, Gowanus
Dan Marks
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Details

2000 SF Second Floor Office
2.80 Community Facility FAR
112,000 BSF Community Facility BSF

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of 545 Sackett Street in the Gowanus
section of Brooklyn.

The offering represents one of the last sizable development parcels in the Gowanus and could be redeveloped into an
office/retail or hotel as of right.

The ~42,000 SF building runs the length of Nevins Street between Sackett Street and Degraw Street with 200′ of
frontage on Sackett, Nevins and Degraw Streets. The property is zoned M1-2 allowing a total of 80,000 buildable SF.
The building will be delivered mostly vacant and is situated in the proposed Gowanus rezoning area.

Over the past few years, Gowanus has been transformed from an industrial neighborhood into a hub for residential,
office, retail and the arts.

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