The Siouni Organization Acquires Multifamily Property In Bushwick For $850,000

The Siouni Organization, represented by Eliyahu Siouni, has acquired a multifamily property in Bushwick. Located at 63 Palmetto Street, this two-family building spans 1,752 square feet and was sold by Yvonne Brogdon. The transaction took place on 08/03/2022 for a sale price of $850,000, resulting in a price per unit of $425,000. The property boasts a price per square foot of $485.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $850,000
• Units: 2
• Price per Unit: $425,000
• Square Footage: 1,752
• Price per Square Foot: $485
• Address: 63 Palmetto Street
• Market: Bushwick

Eliyahu Siouni, a representative of The Siouni Organization, played a crucial role in this transaction as the buyer. The deal was facilitated by Nicholas Polihros from Douglas Elliman. The Siouni Organization, known for their active role in acquiring multifamily properties in central Brooklyn, continues to seek new opportunities. For potential deals, you can reach out to Eliyahu at 516-850-9482.