The Siouni Organization Acquires Multifamily Property In Bushwick For $985K

The Siouni Organization, represented by Eliyahu Siouni, has purchased a multifamily property located at 1260 Jefferson Ave. in the Bushwick market. The property consists of a two-family building with a total square footage of 2,679. The sale price for this transaction was $985,000, resulting in a price per unit of $492,500 and a price per square foot of $367.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $985,000
• Units: 2
• Price per Unit (PPU): $492,500
• Square Footage (SF): 2,679
• Price per Square Foot (PPSF): $367
• Market: Bushwick

Eliyahu Siouni, as a representative of The Siouni Organization, successfully closed this deal with the seller, Jaime Alcantara. The brokerage services were provided by Melissa Leifer from Keller Williams. The Siouni Organization has positioned itself as an active buyer of multifamily properties in central Brooklyn and is always seeking new investment opportunities. Brokers with potential deals in the area can contact Eliyahu Siouni directly at 516.850.9482.