Mendel Deutsch Acquires Mixed Use Property On Wythe Avenue In Williamsburg For $7.3M

The mixed-use property located at 429 Wythe Avenue in Williamsburg was recently sold. The transaction took place on October 30, 2020, with Mendel Deutsch purchasing the property from Samuel Guttman. The sale price for the property was $7,300,000. The property spans an area of 5,460 square feet, resulting in a price per square foot of $1,337.

Summary of transation details

• Property Type: Mixed Use
• Transaction Amount: $7,300,000
• Address: 429 Wythe Avenue, Williamsburg
• Market: Williamsburg
• Zoning: R6
• Buyer: Mendel Deutsch
• Seller: Samuel Guttman
• Square Footage: 5,460
• Price per Square Foot: $1,337

This transaction showcases the active real estate market in Williamsburg and the demand for mixed-use properties in the area. Mendel Deutsch, representing the buyer, made this significant purchase from Samuel Guttman. The deal highlights the continued growth and investment opportunities available in Williamsburg's real estate market.