Mann Group Acquires Mixed-Use Property In Brooklyn's Williamsburg For $4.35M

Mixed-use property located on the corner of Bedford Avenue and North 10th Street in Brooklyn, Williamsburg has been sold for a price of $4,350,000. The property spans 4,400 square feet, resulting in a price per square foot of $988. The transaction took place on August 15, 2019.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,350,000
• Address: 126 Bedford Avenue
• Market: Brooklyn, Williamsburg
• Buyer: Mann Group - Eric Mann & Eitan Ernest
• Seller: James Nickel & Joyce Leung
• BROKERS: Robert Moore & Bryan Kirk - B6 Real Estate Advisors

The property consists of five residential apartments situated above one retail space. At the time of sale, the property was delivered vacant, providing the buyers with a unique opportunity for redevelopment or leasing.