199 North 5 Street
Williamsburg, Brooklyn
Parcel ID (BBL): 3023370036
Owner: Idan Shitrit
Acquired: January 27, 2025, $4.3 million
Debt: February 27, 2025, $10 million
Built: 1920
SF: 4,290
Dwelling units: 0
No. of buildings: 2
Class: Church, Synagogue, Chapel (M1)
Floors: 1
Transactions:
• Investmates borrowed $10 million from S3 Capital for 199 North 5th Street, Williamsburg, Brooklyn on February 27, 2025.
• New Beginnings Church of Williamsburg sold 199 North 5th Street, Williamsburg, Brooklyn for $4.3 million to Idan Shitrit on January 27, 2025.
Development:
• Koby Telyas filed new building job 321592772 for 3,067 sqft A-3 building with 2 apartments in Williamsburg, Brooklyn, on August 13, 2020.
• Koby Telyas filed new building job 321592754 for 8,096 sqft R-2 building with 7 apartments in Williamsburg, Brooklyn, on August 13, 2020.
• Investmates filed major alteration job B01198594 for 11,350 sqft R-2 building with 13 apartments in Williamsburg, Brooklyn, on May 07, 2025.
• Idan Shitrit filed alteration job B01387735 for 4,290 sqft A-3 building with 2 apartments in Williamsburg, Brooklyn, on April 28, 2026.
• Idan Shitrit filed alteration job B01344557 for 10,000 sqft R-2 building with 13 apartments in Williamsburg, Brooklyn, on January 12, 2026.
• Adalberto Lopez filed alteration job B01238206 for 960 sqft building with 0 apartments in Williamsburg, Brooklyn, on June 09, 2025.
• Adalberto Lopez filed alteration job B01223577 for 2,420 sqft building with 0 apartments in Williamsburg, Brooklyn, on May 23, 2025.
• Idan Shitrit filed alteration job B01181900 for 7,003 sqft A-3 building with 2 apartments in Williamsburg, Brooklyn, on April 04, 2025.
Most recent Schedule of Occupancy
Litigation:
• New Beginnings Church of Williamsburg filed a $3.9 million lawsuit against Investmates, Idan Shitrit, Jacov “Koby” Telyas and Williamsburg on 5th LLC on September 08, 2021,seeking a judgment related to leave to sellat 199 North 5 Street.