facebook
Traded Co logo
Submit

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

Property Image
SOLD
$435,000,000

National

See Similar Deals
MultiFamily850,000 SF
Sold 03/31/2023
the dealdetailscomps
Property Image
SOLD

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

All Year Portfolio

See Similar Deals
MultiFamily850,000 SF
Sold 03/31/2023

Summary

Asset Type:MultiFamily
Price Per Square Foot:$511
Total Square Footage:850,000 SF
Transaction Type:Sale

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

SELLER

Details

SOLD
IMAGE: Stephen Gorodetsky DATE: 03/31/2023 ADDRESS: All Year Portfolio MARKET: Brooklyn, NY ASSET TYPE: Multifamily BUYER: Graph Group - Avi Philipson & Whalley Capital Group - Stephen Gorodetsky SALE PRICE: $435,000,000 UNITS: 992 ~ PPU: $438,508 SF: 850,000 ~ PPSF: $512

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$23,200,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,545,463.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,062,121.93
Annual Debt Service$24,745,463.12