Jed Walentas Of Two Trees Management Sells Condo At 5 South 5th Street For $7.75M

The property asset involved in this transaction is a condo located at 5 South 5th Street in Brooklyn. It has a sale price of $7,750,000, reflecting its value in the current market. The condo is notable for having set a record for the most expensive sponsor sale in North Brooklyn.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $7,750,000
• Seller: Jed Walentas - Two Trees Management
• Date of Transaction: 06/12/2026
• Market: Brooklyn

This transaction is represented by Jed Walentas from Two Trees Management, who is the seller in the deal. The transaction for Penthouse 1B at One Domino Square not only stands out due to its price but also marks a significant moment in the high-end property market in North Brooklyn, surpassing the previous record for Penthouse 1A.