Daily limit: 0/10
Dvash Lefy Acquires MultiFamily Asset From Simon Dushinsky For $5.5M In Williamsburg
SOLD
$5,500,000
New York
See Similar DealsMultiFamily5,626 SF
Sold 05/06/2025
SOLD
Dvash Lefy Acquires MultiFamily Asset From Simon Dushinsky For $5.5M In Williamsburg
342 Wallabout Street
See Similar DealsMultiFamily5,626 SF
Sold 05/06/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$977
Total Square Footage:5,626 SF
Transaction Type:Sale
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.
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
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)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
Is there something missing? Send suggestions