The Mann Group Acquires Mixed-Use Property On Wythe Avenue In Williamsburg For $8.5M

The mixed-use property located at 157-159 Wythe Avenue in Williamsburg/BK was recently sold for a total price of $8,500,000. Spanning across 8,494 square feet, the property was purchased at an average price of $1,000 per square foot.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,500,000
• Square Footage: 8,494
• Price per Square Foot: $1,000
• Address: 157-159 Wythe Avenue
• Market: Williamsburg/BK

The seller, The Brooklyn Standard, represented by David Manheimer and Benjamin Koh, finalized the deal with the buyer, The Mann Group. The transaction was facilitated by Brendan Maddigan, Stephen Palmese, Ethan Stanton, Michael Mazzara, and Winfield Clifford, who represented the seller in the negotiation process.