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Witnick Real Estate Partners Buys 43-Unit Williamsburg MF for $27M 

Witnick Real Estate Partners, a New York-based real estate investment firm, has acquired a multifamily property in Williamsburg, Brooklyn, for $26.8 million. 

Located at 525 Union Ave, the 5-story elevator multifamily building features 43 apartments and 18 parking spots. The expiring 421A tax abatement remains in place until 2025. 

Lev Mavashev and Daniel Aminov of Alpha Realty brokered the deal. 


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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Sale/Acquisition
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