Joel Teitelbaum And Shimon Brach Acquire Mixed-Use Property In Brooklyn For $28.5M

The property asset involved in this transaction is a mixed-use building located at 209 Havemeyer Street in Brooklyn. The sale was finalized for $28,500,000, encompassing a total area of 130,417 square feet, which results in a price per square foot of $218.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $28,500,000
• Location: 209 Havemeyer Street, Brooklyn
• Square Footage: 130,417
• Price Per Square Foot: $218
• Buyer: Joel Teitelbaum & Shimon Brach
• Seller: Diamond Realty Investments - Mitsubishi Corporation
• Seller's Representative: Daniel Kaplan - CBRE

This transaction includes key players such as Joel Teitelbaum and Shimon Brach as the buyers, while Diamond Realty Investments and Mitsubishi Corporation served as the sellers. The deal was represented by Daniel Kaplan, affiliated with CBRE, who facilitated the transaction for the seller.