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Shimon Klein Acquires Mixed-Use Building In Williamsburg, Brooklyn For $4.7M

Property Image
SOLD
$4,700,000

New York

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Mixed-use
Sold 11/01/2023
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Property Image
SOLD

Shimon Klein Acquires Mixed-Use Building In Williamsburg, Brooklyn For $4.7M

196 Lee Avenue

See Similar Deals
Mixed-use
Sold 11/01/2023

Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Sale

Shimon Klein, via Translee LLC, acquired a six-unit mixed-use building at 196 Lee Avenue in Williamsburg, Brooklyn, from Mendel Oppenheim for $4.7 million. The property is centrally located in the vibrant market of Williamsburg, Brooklyn. The building consists of six units, offering a mix of residential and commercial space.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $4,700,000
  • Address: 196 Lee Avenue, Williamsburg, Brooklyn
  • Market: Williamsburg, Brooklyn
  • Buyer: Shimon Klein
  • Seller: Mendel Oppenheim
  • Units: 6
  • Price per Unit: $783,333

Shimon Klein, represented by Translee LLC, successfully closed the deal to acquire the property at 196 Lee Avenue. Mendel Oppenheim acted as the seller in the transaction. The sale price of $4.7 million reflects the value of the six-unit mixed-use building. This strategic acquisition further solidifies Shimon Klein's presence in the real estate market. Both parties involved have demonstrated their expertise and commitment to closing the deal.

Details

SOLD
IMAGE: 11/01/2023 ADDRESS: 196 Lee Avenue MARKET: Williamsburg, Brooklyn ASSET TYPE: Mixed-use BUYER: Shimon Klein SELLER: Mendel Oppenheim SALE PRICE: $4,700,000 UNITS: 6 ~ PPU: $783,333 NOTE: Shimon Klein, via Translee LLC, acquired a six-unit mixed-use building at 196 Lee Avenue in Williamsburg, Brooklyn, from Mendel Oppenheim for $4.7 million.

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