Sunoco pays $3.2M to Joe Mamo’s Capitol Petroleum for gas station lease in Sunset Park

Sunoco through the entity Sunoco Retail LLC paid $3.2 million to Capitol Petroleum Group through the entity Mk Westchester LLC for the leasehold controlling the gas station (G3) at 6418 7th Avenue in Sunset Park, Brooklyn. The expected use is owner-occupied.
The deal closed on February 13, 2026 and was recorded on March 3, 2026. The property has 2,800 square feet of built space and 9,006 square feet of additional air rights for a total buildable of 11,850 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $1,139 and the price per buildable square foot is $269 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Capitol Petroleum Group was Joe Mamo . The signatory for Sunoco was Gerald Damico. The contract date was October 8, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has no record that the buyer Sunoco had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Capitol Petroleum Group had not purchased any other properties and had not sold any properties over the same time period.

The property

The industrial building in Sunset Park has 2,800 square feet of built space and 9,006 square feet of additional air rights for a total buildable of 11,850 square feet according to a PincusCo analysis of city data. The parcel has frontage of 118 feet and is 100 feet deep with a total lot size of 11,850 square feet. The zoning is M1-1 which allows for up to 1 times floor area ratio (FAR) for manufacturing The city-designated market value for the property in 2022 is $1.5 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $1,000 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The neighborhood

In Sunset Park, The bulk, or 30 percent of the 35 million square feet of commercial built space are industrial buildings, with specialty buildings next occupying 26 percent of the space. In sales, Sunset Park has near average sales volume among other neighborhoods with $355.8 million in sales volume in the last two years and is the 21st highest in Brooklyn. For development, Sunset Park has had very little major development activity relative to other neighborhoods.It had 886,316 square feet of commercial and multi-family construction under development in the last two years, which represents 3 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of 13 of the 15 commercial properties representing 95,869 square feet of the 97,465 square feet. The largest owner is Bram Auto Group, followed by Carmelo Giuffre and then Jm International.
There are no active new building construction projects on this tax block.

The majority, or 90 percent of the 97,465 square feet of built space are industrial buildings, with office buildings next occupying 8 percent of the space.

Direct link to Acris document. link