Updated Mar 3, 2025
David Avgi & Allon Avgi Acquire East Setauket Multifamily For $2.6M
36 Route 25a & 6 South Jersey Avenue
$2,575,000
$89/SF
Building Size
14,472 SF
Asset Type
MultiFamily
Closing
Sep 1, 2023
About this deal
AI
A multifamily property located at 36 Route 25a & 6 S Jersey Ave in East Setauket has been sold for a total price of $2,575,000. The property consists of 6 units with an average price per unit of $429,167. The total square footage of the property is 14,472, with a price per square foot of $178.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,575,000
- Units: 6
- Price per Unit: $429,167
- Square Footage: 14,472
- Price per Square Foot: $178
- Address: 36 Route 25a & 6 S Jersey Ave, East Setauket
David Avgi and Allon Avgi have acquired this multifamily property. The seller, Steve Griffen, successfully closed the deal with the assistance of Michael Murphy from Douglas Elliman as the broker representative.
On the Map
$2,575,000
$89/SF
MultiFamily
View full map
Players
East Setauket MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Murphy to view all their deals.
Browse East Setauket multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93