Ali Tabrizi, David Khaloyan & Benjamin Esshaghian Acquire Multifamily Property In Bushwick, Brooklyn For $1.75M

The multifamily property located at 111 Wilson Ave, 316 Troutman Street in Bushwick, Brooklyn has been sold. The sale took place on 12/21/2020 and the property consists of 8,775 square feet. The sale price was $1,750,000, resulting in a price per square foot of $199. The property was sold at a 7.45% cap rate. The buyer of the property was Ali Tabrizi, David Khaloyan, and Benji Esshaghian, while the seller was Frank Mugno. The transaction was facilitated by Michael Rybinskov.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,750,000
• Address: 111 Wilson Ave, 316 Troutman Street, Bushwick, Brooklyn
• Market: Bushwick, Brooklyn
• Square Footage: 8,775
• Price per Square Foot: $199
• Cap Rate: 7.45%

Ali Tabrizi, David Khaloyan, and Benji Esshaghian were the buyers of the property. The seller was Frank Mugno. The deal was facilitated by Michael Rybinskov.