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
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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