Kings Highway Realty Of NY LLC Acquires Mixed-Use Asset In Brooklyn For $13.5M

An mixed-use property located at 1302-04 Kings Highway in Brooklyn has been sold for a price of $13,500,000. The transaction took place on October 12, 2018. The property is situated in a vibrant market in Brooklyn.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $13,500,000
• Seller: Lido Realty, LLC - Mr. Illan Goldstein
• Buyer: Kings Highway Realty of NY LLC. Mr. Arthur and Lenny Vayner
• Brokers: Josh Augenbaum, Augenbaum Realty Corp. & Chaim Cahane, Forte Capital Management LLC

The buyer, Kings Highway Realty of NY LLC, was represented in the deal by Mr. Arthur and Lenny Vayner. On the other hand, the seller, Lido Realty, LLC, was represented by Mr. Illan Goldstein. The transaction was facilitated by brokers Josh Augenbaum of Augenbaum Realty Corp. and Chaim Cahane of Forte Capital Management LLC.