Ali Tabrizi Benjamin Esshaghian David Khaloyan Of EKT Equities Acquire Mixed-Use Property In NoHo For $12M
17 19 Bleecker Street
$12,000,000
$701/SF
Building Size
17,100 SF
Asset Type
Mixed-use
Closing
Jul 2, 2025
AI
17-19 Bleecker Street is a mixed-use property located in the NoHo market, featuring 11 residential and 2 commercial units. The sale price was $12,000,000, with a price per unit of $1,090,909 and a total square footage of 17,100, resulting in a price per square foot of $701.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $12,000,000
- Units: 11
- Price per Unit: $1,090,909
- Square Footage: 17,100
- Price per Square Foot: $701
- Buyer: Ali Tabrizi, Benjamin Esshaghian & David Khaloyan - EKT Equities
EKT Equities, a privately held real estate investment firm, focuses on acquiring, repositioning, and managing multi-family and commercial properties in New York and Los Angeles. The firm is currently seeking new value-add opportunities in key markets. For inquiries, please contact [email protected].
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93