222 3 Avenue
Gowanus, Brooklyn
Parcel ID (BBL): 3004260017
Acquired: November 12, 2025, $46.5 million
Debt: November 12, 2025, $15 million
Transactions:
• Watermark Capital Group borrowed $15 million from Levon Capital for N/A Degraw Street and N/A Sackett Street, Gowanus, Brooklyn on November 12, 2025.
• Montgomery Street Partners sold N/A Degraw Street and N/A Sackett Street, Gowanus, Brooklyn for $46.5 million to Watermark Capital Group on November 12, 2025.
• Marino Mazzei sold N/A Degraw Street and N/A Sackett Street, Gowanus, Brooklyn for $46.5 million to Montgomery Street Partners on November 12, 2025.
• Domain Companies and Vorea Group borrowed $15 million from U.S. Bank for 560 Degraw Street, 540 Degraw Street, and 553 Sackett Street, Gowanus, Brooklyn on September 14, 2022.
• Domain Companies and Mega Contracting Group sold 560-580 Degraw Street, 537-545 Sackett Street, and 553 Sackett Street, Gowanus, Brooklyn for $30.4 million to Goldman Sachs on August 18, 2022.
Development:
• Simon Brach filed alteration job B01398845 for 27,400 sqft building with 0 apartments in Gowanus, Brooklyn, on May 07, 2026.
• Shimon Brach filed alteration job B01266629 for 6,764 sqft COM building with 0 apartments in Gowanus, Brooklyn, on August 26, 2025.
• Peter Papamichael filed alteration job B08018251 for 8,500 sqft 51 building with 0 apartments in Gowanus, Brooklyn, on October 12, 2022.
• Marino Mazzei filed alteration job B00777800 for 1 sqft building with 0 apartments in Gowanus, Brooklyn, on July 26, 2022.
Violations:
According to city public data, the properties have received $2,280 in OATH penalties in the last year.