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Karl Ashmawy Acquires Mixed-use Property In Brooklyn From Leon Indi & Gita Klein For $2.15M

Property Image
SOLD
$2,150,000

New York

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Mixed-use2,500 SF
Sold 05/15/2026
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Property Image
SOLD

Karl Ashmawy Acquires Mixed-use Property In Brooklyn From Leon Indi & Gita Klein For $2.15M

415 Knickerbocker Avenue

See Similar Deals
Mixed-use2,500 SF
Sold 05/15/2026
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$860
Total Square Footage:2,500 SF
Transaction Type:Sale

A mixed-use property located at 415 Knickerbocker Avenue in the Brooklyn market has been sold. The transaction occurred on 5/15/2026 for a total amount of $2,150,000. The asset includes 4 units and has a total of 2,500 square feet, priced at $860 per square foot and $537,500 per unit.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,150,000
  • Units: 4
  • Price Per Unit: $537,500
  • Square Footage: 2,500
  • Price Per Square Foot: $860
  • Buyer: Karl Ashmawy
  • Seller: Leon Indi & Gita Klein
  • Broker: Josh Augenbaum - Augenbaum Realty
  • Seller's Attorney: Jeffrey Edelman - Law Offices of Jeffrey Edelman

Josh Augenbaum of Augenbaum Realty represented the seller in the deal, which was initially leased out and then transitioned into a purchase. The property was successfully transferred, affirming the efforts of all parties involved.

Players

Josh Augenbaum
Augenbaum Realty
Josh Augenbaum
140 deals$652.8M volume(917) 417-7834
BROKER

Details

SOLD
IMAGE: Josh Augenbaum DATE: 5/15/2026 ADDRESS: 415 Knickerbocker Avenue MARKET: Brooklyn ASSET TYPE: Mixed-use BUYER: Karl Ashmawy SELLER: Leon Indi & Gita Klein BROKER: Josh Augenbaum (@JoshAugenbaum) - Augenbaum Realty (@AugenbaumRealtyNY) SELLER'S ATTORNEY: Jeffrey Edelman - Law Offices of Jeffrey Edelman SALE PRICE: $2,150,000 UNITS: 4 ~ PPU: $537,500 SF: 2,500 ~ PPSF: $860 NOTE: Augenbaum Realty Corp. NNN leased out the property and was then successful in turning that into a purchase. Congrats to both sides involved . DM josh@augenbaumrealty for all your real estate needs. &GitaKlein

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