The Lai Family Acquires Multifamily Property On Graham Avenue In East Williamsburg For $2.55M
SOLD
$2,550,000
New York
See Similar DealsMultiFamily3,576 SF
Sold 06/23/2023
SOLD
The Lai Family Acquires Multifamily Property On Graham Avenue In East Williamsburg For $2.55M
304 Graham Ave Brooklyn, NY 11211, USA
See Similar DealsMultiFamily3,576 SF
Sold 06/23/2023
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$713
Total Square Footage:3,576 SF
Transaction Type:Sale
The multifamily property located at 304 Graham Avenue in East Williamsburg, Brooklyn has been sold for a total price of $2,550,000. This transaction was completed on 06/23/2023. The property consists of three units with an average price per unit of $850,000. The total square footage of the property is 3,576, resulting in a price per square foot of $713.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Address: 304 Graham Avenue
- Market: East Williamsburg, Brooklyn
- Units: 3
- Price per Unit: $850,000
- Square Footage: 3,576
- Price per Square Foot: $713
The Lai Family acquired the property as the buyer in this transaction. The deal was facilitated by brokers Shaun Riney, Michael Salvatico, and Samuel Leppo from Marcus & Millichap.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$136,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,059.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,088.30
Annual Debt Service$145,059.61
Is there something missing? Send suggestions