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

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.