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Eliyahu Siouni And Joseph Aghelian Acquire Multifamily Property From Beverly Smith-Lashley For $1.76M
SOLDMultiFamily

Eliyahu Siouni And Joseph Aghelian Acquire Multifamily Property From Beverly Smith-Lashley For $1.76M

$1,760,000

$606/SF

Building Size

2,900 SF

Asset Type

MultiFamily

Closing

Sep 15, 2025

AI

The transaction involved a multifamily asset located in Prospect Lefferts Gardens, Brooklyn. The sale price reached $1,760,000 for a building comprising 2,900 square feet, resulting in a price per square foot of $606.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,760,000
  • Square Footage: 2,900
  • Price Per Square Foot: $606
  • Buyer: Eliyahu Siouni - The Siouni Organization & Joseph Aghelian - Park Slope Associates
  • Seller: Beverly Smith-Lashley
  • Date of Transaction: 9/16/2025

Eliyahu Siouni has cultivated strong relationships with brokers, enabling him to close deals swiftly, a factor that has contributed significantly to his success in the industry. He is actively seeking multifamily properties in the Prospect Lefferts Gardens and Central Brooklyn areas, always on the lookout for new 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

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.01%

Cash-on-Cash

-2.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93