DJL Family Properties Acquires Mixed-use Property In Williamsburg, Brooklyn For $7.5M

The mixed-use property located at 135 Kent Avenue in Williamsburg, Brooklyn has been sold in a recent transaction. The sale took place on 08/02/2021, with DJL Family Properties, represented by Michael Wieitzman, purchasing the property from seller Raul Sillau. The property was listed by Brendan Maddigan, Ethan Stanton, and Stephen Rutman from JLL. The sale price for the property was $7,500,000, with a total square footage of 25,000. This translates to a price per square foot of $300.

Summary of Transaction Details:

• Property Type: Mixed-use
• Transaction Amount: $7,500,000
• Address: 135 Kent Avenue, Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn
• Buyer: DJL Family Properties - Michael Wieitzman
• Seller: Raul Sillau
• Brokers: Brendan Maddigan, Ethan Stanton, and Stephen Rutman @JLL
• Square Footage: 25,000
• Price per Square Foot: $300

The deal involved key individuals and companies such as buyer Michael Wieitzman representing DJL Family Properties, seller Raul Sillau, and brokers Brendan Maddigan, Ethan Stanton, and Stephen Rutman from JLL. The transaction highlights the continued interest in the mixed-use property market in Williamsburg, Brooklyn.