Rimon Gabbay Acquires Industrial Building In East Williamsburg For $3.6M

The industrial building located at 413-415 Vandervoort Avenue in East Williamsburg, Brooklyn, was sold for $3.6 million. The property spans 10,000 square feet, resulting in a price per square foot of $360. The transaction took place between Rimon Gabbay, operating through KG 5 Realty, LLC, as the buyer, and Esther Hoffman's Leh Equities LLC as the seller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,600,000
• Buyer: Rimon Gabbay
• Seller: Esther Hoffman
• Address: 413-415 Vandervoort Avenue
• Market: East Williamsburg, Brooklyn

Rimon Gabbay made the acquisition through his company, KG 5 Realty, LLC, purchasing the industrial property from Esther Hoffman's Leh Equities LLC. This transaction showcases the strategic real estate moves made by these key individuals and companies in East Williamsburg, Brooklyn.