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525 Union Avenue

Multifamily Property At 525 Union Avenue Sold For $38 Million With Lev Mavashev And Daniel Aminov
SOLDMultiFamily

Multifamily Property At 525 Union Avenue Sold For $38 Million With Lev Mavashev And Daniel Aminov

525 Union Avenue

$38,000,000

$584/SF

Building Size

65,000 SF

Asset Type

MultiFamily

Closing

Mar 30, 2026

AI

The property asset involved in this transaction is a multifamily building located at 525 Union Avenue in Brooklyn. The transaction was completed for a price of $38,000,000, encompassing a total square footage of 65,000 and resulting in a price per square foot of $584.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $38,000,000
  • Address: 525 Union Avenue
  • Market: Brooklyn
  • Square Footage: 65,000
  • Price Per Square Foot: $584
  • Brokers: Lev Mavashev & Daniel Aminov - Alpha Realty

Lev Mavashev and Daniel Aminov represented the seller in this transaction, providing their brokerage services through Alpha Realty to facilitate this deal effectively.

Players

Lev Mavashev

Alpha Realty

Broker

$742M

vol

106 deals

Broker

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93