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

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

$1,130,000

$418/SF

Building Size

2,700 SF

Asset Type

MultiFamily

Closing

Aug 17, 2025

AI

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

Eliyahu Siouni

The Siouni Organization

Buyer

$18.5M

vol

13 deals

Buyer
PA
Park Slope AssociatesBuyer

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.04%

Cash-on-Cash

-4.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93