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17 19 Bleecker Street

Ali Tabrizi David Khaloyan And Benjamin Esshaghian Of EKT Equities Secure $9M Loan For 17-19 Bleecker Street
FINANCEDMultiFamily

Ali Tabrizi David Khaloyan And Benjamin Esshaghian Of EKT Equities Secure $9M Loan For 17-19 Bleecker Street

17 19 Bleecker Street

$9,000,000

Building Size

Asset Type

MultiFamily

Closing

Jul 1, 2025

AI

The property asset involved in this transaction is a multifamily building located at 17-19 Bleecker Street in Manhattan. The acquisition was secured for a purchase price of $12,000,000 with a loan amount of $9,000,000, resulting in a loan-to-value ratio of 75%. The financing was structured with terms set for a duration of 2 years.

Summary of transaction details:

The key individuals involved in this transaction include landlords Ali Tabrizi, David Khaloyan, and Benjamin Esshaghian from EKT Equities. Meridian Capital Group facilitated this transaction, with brokers Dorian Aftalion, Morgan Ben-Moshe, David Oheb, and Max Jacobson representing the deal. Notably, Meridian executed a competitive marketing process that achieved favorable terms for the client, closing the transaction seamlessly in just 29 business days.

Players

David Oheb
Verified Badge

David Oheb

Meridian Capital Group

Broker

$821.5M

vol

77 deals

Broker
Meridian Capital Group
Meridian Capital GroupBrokerage

Ali Tabrizi

Landlord

$63.1M

vol

14 deals

Landlord

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93