Jack Guttman pays $8M to Lucky’s Real Tomatoes for industrial in Greenpoint

Jack Guttman through the entity 29 Meserole LLC paid $8 million to Lucky’s Real Tomatoes through the entity Marc Jason Realty Co., Inc. for industrial (E1) at 29 Meserole Avenue in Greenpoint, Brooklyn.
The deal closed on July 23, 2021 and was recorded on August 3, 2021.
The property has 18,320 square feet of built space and 0 square feet of additional air rights for a total buildable of 15,742 square feet according to PincusCo analysis of city data. The sale price per built square foot is $433 per the PincusCo analysis. The price per foot analysis is simply the sale price divided by square feet as reported in public records and assumes no air rights have been sold.
The signatory for Lucky’s Real Tomatoes was Linda Marcelli. The signatory for Jack Guttman was Alan Weiss.

Linda Marcelli is vice president of Lucky’s Real Tomatoes which has a warehouse at the party 1 address. Jack Guttman has an address at 240 Water Street in Brooklyn, which is the location of the buyer entity.

Within a 400-foot radius of 29 Meserole Avenue, PincusCo identified four commercial real estate items of interests occurred over the past 24 months.
Of those four items, one was in new building development. It was a new building permit application filed on July 1, 2020 for a 54,586-square-foot residential R-2 building with 80 residential units at 33 Franklin Street.
Of those four items, two were for major renovation including a certificate of occupancy change. They were one permit application with a total initial cost of $572,750 and one permit with a total initial cost of $2 million. The most recent of these two items was the permit on November 10, 2020 for a 14,476-square-foot office B building with no residential units at 50 Franklin Street.
One of those four items was a loan which Simon Baron Development borrowed $22.5 million from Centennial Bank secured by the 30,260-square-foot, four-unit retail building (K9) on 12 Franklin Street on January 16, 2020.

Direct link to Acris document. link