Cheskie Weisz’s CW Realty Management, Joyland Group and Meral Property Group are selling a trio of contiguous mixed-use buildings in Williamsburg for $22.5 million to the Sharrati family, according to sources familiar with the deal.
The properties are located at 119-123 Kent Avenue and contain 17 apartments with three ground-floor retail units. The apartments were recently renovated to feature at least two bedrooms, along with washers and dryers.
The sellers also sold the property’s inclusionary air rights for $1.75 million to Adam America Real Estate Group for the company’s project at 120 Union Avenue.
The partners bought the Williamsburg properties in 2016 for $15.8 million.
Other recent Williamsburg deals include Horrigan Development’s sale of 347 Berry Street for $25 million.
In October, the Sharrati family sold the eight-unit rental building at 85 Chambers Street in Tribeca to United American Land for $15 million, according to property records.