Avery Hall Investments and Gindi Capital pay $29.8M to Marathon Petroleum’s Speedway for property in Gowanus

Avery Hall Investments and Gindi Capital through the entity 204 4th Avenue LLC paid Marathon Petroleum’s Speedway $29.8 million for 204 4th Avenue in Gowanus. The deal closed on November 14, 2019, and was recorded on November 22, 2019. The transaction consists of 1 parcel, including the tax class gas station without enclosed lubrication plant or workshop (G5).

Ackman-Ziff Real Estate Group’s Andrew Sasson and Chad Sinshemer brokered the sale.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $118,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link