Richard Lee Acquires Mixed-Use Property In Park Slope For $2.75M

A mixed-use property located at 199 5th Avenue in Brooklyn's Park Slope neighborhood has been sold in a closed transaction. The property spans 4,180 square feet and consists of both residential and commercial spaces. It was listed with an asking price of $2,900,000, and was ultimately sold for $2,750,000, resulting in a price per square foot of $657.

Summary of transaction details:

• Property Type: Mixed-use
• Asking Price: $2,900,000
• Sale Price: $2,750,000
• Square Footage: 4,180
• Price per Square Foot: $657

The seller of the property was Lucia Palumbo, and the buyer was Richard Lee. The transaction was facilitated by brokers from BRG_CRE, including Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring.