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90 Hull Street

Eliyahu Siouni's The Siouni Organization Acquires Multifamily Property In Bedford-Stuyvesant For $1M
SOLDMultiFamily

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