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Deals & Dealmakers

Cignature brokers $23M Union Square sale

Witnick Real Estate Partners has acquired a five-story Union Square apartment building for $23.5 million.

Cignature Realty announced it brokered the sale of the property at 30 East 14th Street. Located between Fifth Avenue and University Place, the building has 16 apartments and 2 retail stores. The sale of the 20,900 s/f building included 30,725 s/f of air rights

Cignature Realty’s Lazer Sternhell and Peter Vanderpool represented both the buyer and the seller, Dadon Realty. The sale price equates to $1,124 psf.

Founded by Isaac Abraham and Rami Ben-Yehuda in 2014, Witnick is a middle-market owner and operator currently looking to expand its footprint in an around New York and in out-of-state markets.

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