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Lupo Family Sells Multifamily Property In Williamsburg Brooklyn For $2.5 Million With Brokers Kates And Mashihi

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SOLD
$2,500,000

New York

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MultiFamily3,376 SF
Sold 10/28/2025
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Property Image
SOLD

Lupo Family Sells Multifamily Property In Williamsburg Brooklyn For $2.5 Million With Brokers Kates And Mashihi

55 Withers Street

See Similar Deals
MultiFamily3,376 SF
Sold 10/28/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$740
Total Square Footage:3,376 SF
Transaction Type:Sale

The asset involved in this transaction is a multifamily property located at 55 Withers Street in Williamsburg, Brooklyn. The sale was completed for a price of $2,500,000, which equates to $500,000 per unit. The property consists of 5 units and has a total square footage of 3,376, leading to a price per square foot of $740.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Units: 5
  • Price Per Unit: $500,000
  • Square Footage: 3,376
  • Price Per Square Foot: $740
  • Seller: Lupo Family
  • Brokers: Gabriel Kates & Sean Mashihi - Block Real Estate Group
  • Date of Transaction: 10/28/2025
  • Market: Williamsburg, Brooklyn

Gabriel Kates and Sean Mashihi from Block Real Estate Group represented the sellers in this transaction, facilitating the sale of the multifamily property. Their involvement was crucial in navigating the deal from initial listing to final sale.

Players

Gabriel Kates
59 deals$158.4M volume(508) 365-8278
BROKER

Sean Mashihi
Block Real Estate Group
46 deals$123.2M volume(917) 999-6616
BROKER

Block Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: Sean Mashihi & Gabriel Kates DATE: 10/28/2025 ADDRESS: 55 Withers Street MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily SELLER: Lupo Family BROKERS: Gabriel Kates (@GabeKates) & Sean Mashihi (@SeanMashh) - Block Real Estate Group (@BlockRealEstateGroup) SALE PRICE: $2,500,000 UNITS: 5 ~ PPU: $500,000 SF: 3,376 ~ PPSF: $740

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$8,881.99
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