Invictus Property Advisors is proud to announce the closing of 497 3rd Avenue in Gowanus. The property, a three-unit multifamily building delivered vacant, sold for $2.09MM, equating to $688 per square foot.
This assignment was particularly challenging, as our team was the fourth brokerage hired after the property had been on the market for over a year with excessive pricing, leaving it “stale” in the eyes of many buyers. Despite this, through a boots-on-the-ground approach and our deep knowledge of the Gowanus market, we generated twenty-two (22) fresh, serious offers. Ultimately, the property was acquired by a local family office who recognized the opportunity and moved decisively to close.
This closing underscores Invictus’s ability to reposition even the most difficult assignments and achieve strong outcomes for our clients.
