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Eliyahu Siouni Of The Siouni Organization & Park Slope Associates Acquires Mixed-Use Asset In Williamsburg For $3M

Property Image
SOLD
$3,000,000

New York

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Mixed-use3,560 SF
Sold 05/26/2026
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Property Image
SOLD

Eliyahu Siouni Of The Siouni Organization & Park Slope Associates Acquires Mixed-Use Asset In Williamsburg For $3M

Mixed-use3,560 SF
Sold 05/26/2026
Contact now

Summary

Asset Type:Mixed-use
Price Per Square Foot:$842
Total Square Footage:3,560 SF
Transaction Type:Sale

The property involved in this transaction is a mixed-use asset located in Williamsburg, Brooklyn. This asset consists of 5 units and spans a total square footage of 3,560. The sale price for the property was $3,000,000, equating to a price per unit of $600,000 and a price per square foot of $842.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,000,000
  • Buyer: Eliyahu Siouni - The Siouni Organization & Park Slope Associates
  • Seller: Cathy Yau
  • Units: 5
  • Square Footage: 3,560
  • Price per Unit: $600,000
  • Price per Square Foot: $842

Eliyahu Siouni's established connections with brokers and ability to close deals swiftly have significantly contributed to the success of his investments. He actively seeks multifamily opportunities in Williamsburg and North Brooklyn, with a particular focus on properties that include 1-5 unit buildings and mixed-use assets in free market conditions.

Players

13 deals$18.5M volume
BUYER

Details

SOLD
IMAGE: Eliyahu Siouni DATE: 5/27/2026 MARKET: Williamsburg, Brooklyn ASSET TYPE: Mixed-use BUYER: Eliyahu Siouni (@EliyahuSiouni) - The Siouni Organization & Park Slope Associates SELLER: Cathy Yau SALE PRICE: $3,000,000 UNITS: 5 ~ PPU: $600,000 SF: 3,560 ~ PPSF: $842 NOTE FROM BUYER: Siouni's established connections with brokers and swift deal closures have been instrumental to their success. He is consistently on the lookout for multifamily properties within Williamsburg and North Brooklyn, particularly interested in opportunities that include 1-5 unit buildings and mixed-use properties in free market conditions.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$10,658.36
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