Alpha Realty arranged the $38 million sale of a 43-unit multifamily building at 525 Union Avenue in Williamsburg, Brooklyn. The team navigated a complex capital landscape using a dual-track strategy combining sale and refinancing efforts to maximize value amid loan maturity pressure.
-- Alpha Realty closed the $38,000,000 sale of 525 Union Avenue, a 43-unit elevator apartment building located in Williamsburg, Brooklyn. The five-story property includes 43 residential units and 18 parking spaces and presented a clear value-add opportunity driven by below-market rents and a partially executed business plan.
The property is located in Williamsburg, one of Brooklyn’s most active multifamily investment submarkets.
Ownership faced increasing pressure from an upcoming loan maturity and actively explored refinancing options while evaluating exit strategies. The situation required a coordinated approach to preserve flexibility and maximize outcomes within a compressed timeline.
In response, Alpha Realty implemented a dual-track strategy, marketing the property for sale while simultaneously sourcing refinancing solutions. The team conducted a targeted outreach process, engaging qualified investors while securing competitive debt quotes to ensure the seller maintained full optionality.
The process generated strong investor interest and resulted in multiple offers. Ownership ultimately elected to proceed with a sale after securing a compelling offer from a family office backed by international capital, prioritizing certainty of execution and pricing.
“This was a highly nuanced situation where timing and strategy were critical,” said Lev Mavashev, Principal of Alpha Realty. “By running a parallel debt and sales process, we were able to create competitive tension and deliver a strong outcome for our client.”
This transaction highlights Alpha Realty’s ability to execute complex, time-sensitive multifamily transactions in Brooklyn, particularly in situations involving loan maturities, value-add positioning, and capital market uncertainty.
About the company: Alpha Realty is a New York-based commercial real estate brokerage specializing in multifamily investment sales across Brooklyn, Manhattan, and surrounding markets. The firm advises owners, investors, and developers on acquisitions, dispositions, and capital strategy.
Contact Info:
Name: Lev Mavashev
Email: Send Email
Organization: Alpha Realty - Investment-Sales | NYC Multifamily
Address: 164 20th St Suite 3D, Brooklyn, NY 11232
Phone: (212) 658-0955
Website: https://www.alpharealtyny.com/
Release ID: 89188849
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