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315 Bushwick Avenue, Brookl...

Updated Jan 27, 2026

Angela Rosania Sells 315 Bushwick Ave Vacant Frame Multifamily In Williamsburg For $2.8M
SOLDMultiFamily

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

Derek Bestreich

Investment Property Realty Group (IPRG)

Broker

$1.1B

vol

319 deals

Broker
Donal Flaherty
Verified Badge

Donal Flaherty

Investment Property Realty Group (IPRG)

Broker

$400.2M

vol

105 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $545 per square foot on a published $2.8M for 5,130 square feet (2019).

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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

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