Double U Realty pays $14M to Asana Partners in Williamsburg

Double U Realty through the entity 66 N 6th II LLC paid $14 million to Asana Partners through the entity Ap 66-72 N. 6th St. (Brooklyn) LLC for the specialty building (J2) at 66 North 6th Street in Williamsburg, Brooklyn.
The deal closed on December 11, 2025 and was recorded on January 9, 2026. The property has 10,000 square feet of built space and 5,000 square feet of additional air rights for a total buildable of 15,000 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $1,400 and the price per buildable square foot is $933 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on January 17, 2019, for $15.7 million. The signatory for Asana Partners was Sam E. Judd . The signatory for Double U Realty was Michael Isaac Weitzman . The contract date was September 19, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has records that the buyer Double U Realty purchased two properties in two transactions for a total of $11.4 million and sold four properties in three transactions for a total of $76.3 million over the past 24 months.
The seller Asana Partners had not purchased any other properties and had not sold any properties over the same time period.

The property

The specialty building in Williamsburg has 10,000 square feet of built space and 5,000 square feet of additional air rights for a total buildable of 15,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 50 feet and is 100 feet deep with a total lot size of 5,000 square feet. The zoning is M1-2/R6A which allows for up to 2 times floor area ratio (FAR) for manufacturing and up to 3 times FAR for residential with inclusionary housing. The city-designated market value for the property in 2022 is $2.4 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has received $375 in OATH penalties in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The neighborhood

In Williamsburg, The bulk, or 39 percent of the 50.4 million square feet of commercial built space are elevator buildings, with walkup buildings next occupying 25 percent of the space. In sales, Williamsburg has the 6th highest sale turnover among other neighborhoods in the city with $1.9 billion in sales volume in the last two years. For development, Williamsburg is the most active neighborhood among other neighborhoods. It had 42 million square feet of commercial and multi-family construction under development in the last two years, which represents 83 percent of the neighborhood’s built space. There was one pre-foreclosure suit filed among other specialty buildings in the past 12 months.

The block

On this tax block, PincusCo has identified the owners of five of the six commercial properties representing 68,000 square feet of the 74,755 square feet. The largest owner is Double U Realty, followed by Asana Partners and then Thornton Capital.
There are no active new building construction projects on this tax block.

The majority, or 87 percent of the 74,755 square feet of built space are mixed-use buildings, with specialty buildings next occupying 13 percent of the space.

The seller

The PincusCo database currently indicates that Asana Partners owned at least three commercial properties in New York City with 30,750 square feet and a city-determined market value of $5.6 million. (Market value is typically about 50% of actual value.) The portfolio has $26.5 million in debt, borrowed from Synovus Bank. Within the portfolio, the bulk, or 67 percent of the 30,750 square feet of built space are mixed-use properties, with specialty properties next occupying 33 percent of the space. They are all located in Brooklyn.

The buyer

The PincusCo database currently indicates that Double U Realty owned at least seven commercial properties with 59 residential units in New York City with 87,603 square feet and a city-determined market value of $18.9 million. (Market value is typically about 50% of actual value.) The portfolio has $174.3 million in debt, with top three lenders as Lorimer Capital, Citibank, and S3 Capital respectively. Within the portfolio, the bulk, or 69 percent of the 87,603 square feet of built space are mixed-use properties, with retail properties next occupying 19 percent of the space. They are all located in Brooklyn.

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