W-G Capital Advisors paid $22M to Gregory Iovine

W-G Capital Advisors through the entity Red Hook Jv LLC paid Gregory Iovine’s 145-65 Wolcott St. Realty Corp. $21.5 million for 3 parcels, including the tax class one-story, fireproof or semi-fireproof, garage (G2) at 63 Ferris Street, 184 Conover Street, 186 Conover Street in Red Hook. The deal closed on August 29, 2019 and was recorded on September 10, 2019. The parcel(s) have total development potential of 293,510 square feet.
The average sale price per square foot is $134.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
A recent story on the property. link.

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