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Eliyahu Siouni And Joseph Aghelian Acquire Bushwick Multifamily Property From Delroy Williamson For $1.13M

Property Image
SOLD
$1,130,000

New York

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MultiFamily2,700 SF
Sold 08/17/2025
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Property Image
SOLD

Eliyahu Siouni And Joseph Aghelian Acquire Bushwick Multifamily Property From Delroy Williamson For $1.13M

MultiFamily2,700 SF
Sold 08/17/2025
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Summary

Asset Type:MultiFamily
Price Per Square Foot:$418
Total Square Footage:2,700 SF
Transaction Type:Sale

The transaction involves a multi-family asset located in Bushwick, Brooklyn, selling for a total price of $1,130,000. The property consists of 3 units, covering a total square footage of 2,700 and achieving a per unit price of $376,666 and a price per square foot of $418.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,130,000
  • Units: 3
  • PPU: $376,666
  • SF: 2,700
  • PPSF: $418
  • Buyer: Eliyahu Siouni - The Siouni Organization & Joseph Aghelian - Park Slope Associates
  • Seller: Delroy Williamson
  • Date: 8/18/2025
  • Market: Bushwick, Brooklyn

Eliyahu Siouni and Joseph Aghelian played significant roles in the acquisition, leveraging Siouni's established relationships with brokers and his proficiency in closing deals swiftly. Siouni remains proactive in seeking out multi-family properties in Bushwick and Central Brooklyn, highlighting his commitment to finding new investment opportunities.

Players

12 deals$15.5M volume
BUYER

BUYER

Details

SOLD
IMAGE: Eliyahu Siouni DATE: 8/18/2025 MARKET: Bushwick, Brooklyn ASSET TYPE: MultiFamily BUYER: Eliyahu Siouni (@EliyahuSiouni) - The Siouni Organization & Joseph Aghelian - Park Slope Associates (@Park_Slope_Associates) SELLER: Delroy Williamson SALE PRICE: $1,130,000 UNITS: 3 ~ PPU: $376,666 SF: 2,700 ~ PPSF: $418 NOTE FROM BUYER: Eliyahu Siouni and his close relationships with brokers over the years and ability to close deals fast has been a key instrument to their success over the years. Siouni is actively pursuing any multi-family properties in Bushwick and Central Brooklyn. He is always looking for new opportunities.

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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)-$4,014.66
Cash-on-Cash Return-1.27%
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