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

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.