EKT Equities Acquires Mixed-Use Property In Bushwick For $2.37M

The mixed-use property located at 4 Stanwix St. in Bushwick has been sold in a closed transaction. The property spans an area of 4,732 square feet and consists of four units, including ground floor retail. The sale price for the property was $2,370,000, resulting in a price per square foot of $500.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $2,370,000
• Address: 4 Stanwix St.
• Market: Bushwick
• Square Footage: 4,732

The buyer of the property is EKT Equities, LLC, represented by Ali Tabrizi, David Khaloyan, and Benjamin Esshaghian. Meanwhile, the seller is Gary Sass. The deal was facilitated by Mike Rybinskov from XRE NY.

Note from the buyer: This is the second closed transaction this month for EKT Equities, LLC. The 4-unit property, with ground floor retail, was delivered vacant.