Updated Jun 2, 2025
Dvash Lefy Acquires MultiFamily Asset From Simon Dushinsky For $5.5M In Williamsburg
342 Wallabout Street
$5,500,000
$977/SF
Building Size
5,626 SF
Asset Type
MultiFamily
Closing
May 6, 2025
About this deal
AI
A multi-family asset located at 342 Wallabout Street in Williamsburg, Brooklyn, was sold for $5,500,000. The property totals 5,626 square feet, resulting in a price per square foot of $978.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,500,000
- Address: 342 Wallabout Street
- Market: Williamsburg, Brooklyn
- Square Footage: 5,626
- Price Per Square Foot: $978
- Buyer: Dvash Lefy
- Seller: Simon Dushinsky - Rabsky Group
The transaction involved Dvash Lefy LLC acquiring the property from Rabsky Group’s Wallabout Realty Corp. This deal highlights the participation of Simon Dushinsky as the seller representative for Rabsky Group.
On the Map
$5,500,000
$977/SF
MultiFamily
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Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93