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All Year Portfolio

Graph Group And Whalley Capital Group Acquire All Year Portfolio Multifamily In Brooklyn, NY For $435M
SOLDMultiFamily

Graph Group And Whalley Capital Group Acquire All Year Portfolio Multifamily In Brooklyn, NY For $435M

All Year Portfolio

$435,000,000

$511/SF

Building Size

850,000 SF

Asset Type

MultiFamily

Closing

Mar 31, 2023

AI

The All Year Portfolio, a multifamily property located in Brooklyn, NY, has been sold in a closed transaction. The property spans 850,000 square feet and consists of 992 units. The sale price for the portfolio was $435,000,000, resulting in a price per unit of $438,508, and a price per square foot of $512.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $435,000,000
  • Units: 992
  • Price per Unit: $438,508
  • Square Footage: 850,000
  • Price per Square Foot: $512
  • Address: All Year Portfolio, Brooklyn, NY
  • Market: Brooklyn, NY

The Graph Group, represented by Avi Philipson, and the Whalley Capital Group, represented by Stephen Gorodetsky, were the buyers in this transaction. They successfully acquired the multifamily asset, adding it to their portfolio. The involvement of these key individuals and companies showcases their strategic investment decisions and commitment to expanding their real estate holdings.

Players

AH
All Year HoldingsSeller

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.04%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93