Eliyahu Siouni's The Siouni Organization Acquires Multifamily Property In Bedford-Stuyvesant For $1M
90 Hull Street
$1,000,000
$319/SF
Building Size
3,135 SF
Asset Type
MultiFamily
Closing
Oct 5, 2023
AI
A multifamily property located at 90 Hull Street in the Bedford-Stuyvesant market has been sold for a total price of $1,000,000. The property consists of 2 units, with a price per unit of $500,000. The total square footage of the property is 3,135, resulting in a price per square foot of $319.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 90 Hull Street
- Market: Bedford-Stuyvesant
- Buyer: Eliyahu Siouni - The Siouni Organization
- Seller: John Hampton, Jr
- Units: 2
- Price per Unit: $500,000
- Square Footage: 3,135
- Price per Square Foot: $319
Eliyahu Siouni, representing The Siouni Organization, was the buyer of the property. John Hampton, Jr served as the seller in this transaction.
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93