David Khaloyan Of Khaloyan Kapital Acquires Multifamily Asset At 17 Bleecker Street For $12M
17 Bleecker Street
$12,000,000
$702/SF
Building Size
17,080 SF
Asset Type
MultiFamily
Closing
Jul 1, 2025
AI
A multifamily property located at 17 Bleecker Street in NoHo, Manhattan, was recently sold for $12 million. This asset spans a total area of 17,080 square feet and consists of 11 units, translating to a price per square foot of $703.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $12,000,000
- Address: 17 Bleecker Street
- Market: NoHo, Manhattan
- Square Footage: 17,080
- Price per Square Foot: $703
- Buyer: David Khaloyan - Khaloyan Kapital
- Seller: Josh Zegen & Brian Shatz - Madison Realty Capital & Dror Rosenfeld
The transaction was facilitated by David Khaloyan from Khaloyan Kapital, representing the buyer, while the sellers were guided by Josh Zegen and Brian Shatz from Madison Realty Capital, alongside Dror Rosenfeld. This acquisition marks a significant deal in the New York City real estate market.
Players
New York 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93