Ronen Ben-Josef Of Ben-Josef Group Holdings Acquires Multifamily Asset In Williamsburg For $38M

A 43-unit rental building located at 525 Union Avenue in Williamsburg, Brooklyn, was sold for $38 million. The property encompasses 64,650 square feet, resulting in a price per square foot of $588.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $38,000,000
• Address: 525 Union Avenue
• Market: Williamsburg, Brooklyn
• Square Footage: 64,650
• Price per Square Foot: $588
• Buyer: Ronen Ben-Josef - Ben-Josef Group Holdings
• Seller: Isaac Abraham & Rami Ben-Yehuda - Witnick Real Estate Partners
• Date of Transaction: March 31, 2026

Ronen Ben-Josef, representing Ben-Josef Group Holdings, facilitated the acquisition of the property through 525 Union Development LLC. The sellers, Isaac Abraham and Rami Ben-Yehuda, were represented by Witnick Real Estate Partners in the transaction.