Updated Jan 27, 2026
Angela Rosania Sells 315 Bushwick Ave Vacant Frame Multifamily In Williamsburg For $2.8M
315 Bushwick Avenue, Brooklyn, NY, USA
$2,800,000
$545/SF
Building Size
5,130 SF
Asset Type
MultiFamily
Closing
Feb 19, 2019
About this deal
AI
The property asset involved in this transaction is a vacant frame multifamily located at 315 Bushwick Ave. in the Williamsburg market of Brooklyn. The sale price for the property was $2,800,000, encompassing a total square footage of 5,130. This multifamily asset consists of six units, leading to a price per unit of approximately $466,667 and a price per square foot of about $546.
Summary of transaction details:
- Property Type: Vacant Frame Multifamily
- Transaction Amount: $2,800,000
- Address: 315 Bushwick Ave.
- Market: Williamsburg, BK
- Square Footage: 5,130
- Price Per Square Foot: $546
- Units: 6
- Price Per Unit: $466,667
- Seller: Angela Rosania
- Brokers: Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky from @brg_cre
- Sale Date: 02/20/2019
This transaction featured the involvement of multiple brokers representing the seller. The team from @brg_cre included Derek Bestreich, Luke Sproviero, Donal Flaherty, and Hakeem Lecky, showcasing a coordinated effort in facilitating the sale of this multifamily property.
Players
New York MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93