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Gowanus

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Gowanus at a Glance

Gowanus, whose name is derived from the canal that splits the neighborhood in half, has undergone an amazing transformation in recent years. Industrial buildings have been converted to co-working spaces, and former manufacturing buildings converted to restaurants, music venues, and art galleries. The area is also on the verge of a major mixed-use rezoning which will bring online more than 8,200 apartments, an influx of residential density and increased commercial activity that is sure to boost the ongoing demand for commercial space.

Over $80,000,000 in Industrial Sales in 2020

Over 10,400 Residential Units with 8,200 more slated due to the Gowanus Rezoning

Residential Market: 2020

Avg Residential Rent

$2,600

Avg Price for Condo Sellouts

$730,000

Approx No. of Residential Units in the Development Pipeline

8,200

Investment Sales: 2021

Total Dollar Volume of Investment Sales

$161,461,669

Avg Industrial PPSF

$462

Avg Multifamily Sale PPSF

$580

Avg Retail PPSF

$541

Avg Mixed-Use Sale PPSF

$766

Avg Development Site Sale PPBSF

$209

Additional Demographics: 2020

Avg Household Income

$99,000

Total Population

20,081

Transportation

Subways

f
g
r

Buses

B103

Neighborhood Vibes

Take a walk down Third Avenue to discover restaurants, coffee shops, art galleries, and neighborhood-based retail. The Royal Palms is a singular neighborhood attraction. The shuffleboard club and game hall features a bar and rotating food truck options.

The Gowanus Canal

The future looks bright for one of New York City's few canals, as efforts to clean it up have received the attention and funding of the federal government.

Royal Palms

The shuffleboard club's Monday and Tuesday night league is the largest in the world.

Neighborhood Attractions

Canal Bar
Lavendar Lake Pub
Dinosaur Bar-B-Que
Ample Hills
Four and Twenty Blackbirds
Brooklyn Boulders

Dan Marks

CEO
All
All Asset Types
Industrial/Office

Mike Hernandez

EVP Business Development & Partner
All
Marketing

Gowanus Transactions

Sold
Development
Sold

341 Nevins Street

Gowanus

Development Gowanus
Sold
Development
Sold

550 Union street

Gowanus

Development Gowanus
Leased
Retail
Leased

257 Third Avenue

Gowanus

retail
Sold
Development
Sold

300 Nevins Street

Gowanus

Development Gowanus
Sold
Retail
Sold

305 Nevins Street

Gowanus

Gowanus retail
Sold
Multifamily
Sold

196 Wyckoff Street

Gowanus

PPSF: $736
$2,650,000

Gowanus Multifamily Sold
Sold
Commercial
Sold

189 1st Street

Gowanus

Commercial Gowanus Industrial
Sold
Commercial Condo
Sold

8 St Marks Place

Gowanus

Gowanus retail condo
Leased
Commercial
Leased

400 Third Avenue

Gowanus

Commercial Commercial Leasing
Sold
Development
Sold

160 12th Street

Gowanus

Development Gowanus Residential Development
Sold
Development
Sold

232 Third Avenue

Gowanus

PPSF: $236/BSF
$55,000,000

Development Gowanus
industrial development, Gowanus, 1-37 Ext 12th Street
Sold
Industrial
Sold

1-37 Ext 12th Street

Gowanus

PPSF: $571/SF
$62,000,000

$62M 108000 SF 469000 BSF
See All Listings >

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