facebook
Traded Co logo
Submit
Daily limit: 0/10

Samuel Charney And Nicholas Silvers Acquire Multifamily Property In Gowanus Brooklyn For $164M

Property Image
SOLD
$164,000,000

New York

See Similar Deals
Garage13,518 SF
Sold 04/30/2025
the dealplayerscompscontact
Property Image
SOLD

Samuel Charney And Nicholas Silvers Acquire Multifamily Property In Gowanus Brooklyn For $164M

225 3rd Street

See Similar Deals
Garage13,518 SF
Sold 04/30/2025
Contact now

Summary

NEW YORK
Asset Type:Garage
Price Per Square Foot:$12,132
Total Square Footage:13,518 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 225 3rd Street in Gowanus, Brooklyn. This multi-family property encompasses a total area of 13,518 square feet and was sold for a price of $164,000,000, resulting in a price per square foot of approximately $12,132.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $164,000,000
  • Address: 225 3rd Street
  • Market: Gowanus, Brooklyn
  • Buyers: Samuel Charney & Nicholas Silvers
  • Seller: Thomas Lavin
  • Square Feet: 13,518
  • Price per Square Foot: $12,132

Samuel Charney and Nicholas Silvers were the buyers in this transaction, purchasing the asset from seller Thomas Lavin. This significant deal demonstrates the involvement of key individuals who facilitated the transfer of ownership for this property asset in Brooklyn.

Players

6 deals$1.1B volume
BUYER

Details

SOLD
IMAGE: Samuel Charney & Nicholas Silvers DATE: 04/30/2025 ADDRESS: 225 3rd Street MARKET: Gowanus, Brooklyn ASSET TYPE: MultiFamily BUYER: Samuel Charney & Nicholas Silvers SELLER: Thomas Lavin SALE PRICE: $164,000,000 SF: 13,518 ~ PPSF: $12,132 NOTE: Samuel Charney and Nicholas Silvers bought a garage at 225 3rd Street in Gowanus, Brooklyn from Thomas Lavin for $164 million. The 13,518-square-foot property sold for about $12,132 per square foot.

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

Contact

Get in touch with the broker you want

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)

$8,746,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$582,657.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$777,443.67
Annual Debt Service$9,329,324.03