facebook
Traded Co logo
Submit

David Khaloyan, Benjamin Esshaghian & Ali Tabrizi Acquire Multifamily Property On 228 East 25th Street In New York For $4.4M

Property Image
SOLD
$4,400,000
Alan Stenson
AT
DK
+ 2

New York

See Similar Deals
MultiFamily8,160 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

David Khaloyan, Benjamin Esshaghian & Ali Tabrizi Acquire Multifamily Property On 228 East 25th Street In New York For $4.4M

228 East 25th Street

See Similar Deals
MultiFamily8,160 SF
Sold
Alan Stenson
AT
DK
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$539
Total Square Footage:8160 SF
Transaction Type:Sale

Located at 228 East 25th Street in New York, this multifamily property was recently closed in a sale transaction. The property consists of 12 units and spans across 8,160 square feet. The sale price for the property was $4,400,000, resulting in a price per unit of $366,667. The price per square foot was calculated to be $539.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,400,000
  • Market: New York
  • Buyer: David Khaloyan, Benjamin Esshaghian & Ali Tabrizi
  • Seller: Dr. Mohammed Dastghaib
  • Broker: Alan Stenson - Brax Realty

The buyers of this property are David Khaloyan, Benjamin Esshaghian, and Ali Tabrizi. They were represented by their broker, Alan Stenson from Brax Realty. The seller in the transaction was Dr. Mohammed Dastghaib.

Players

Alan Stenson
Brax Realty
Alan Stenson
20 deals$120.4M volume(646) 288-4757
BROKER
AT
Ali Tabrizi
14 deals$63.1M volume
BUYER
DK
David Khaloyan
16 deals$77.1M volume
BUYER
Benjamin Esshaghian
Benjamin Esshaghian
14 deals$63.1M volume
BUYER
DD
Dr. Mohammed Dastghaib
2 deals$8.8M volume
SELLER

Details

SOLD
IMAGE: Alan Stenson DATE: 05/31/2023 ADDRESS: 228 East 25th Street MARKET: New York ASSET TYPE: Multifamily BUYER: David Khaloyan, Benjamin Esshaghian & Ali Tabrizi SELLER: Dr. Mohammed Dastghaib BROKERS: Alan Stenson (@Alan__Stenson) - Brax Realty (@BraxRealtyNYC) SALE PRICE: $4,400,000 UNITS: 12 ~ PPU: $366,667 SF: 8,160 ~ PPSF: $539

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$234,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,632.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,858.24
Annual Debt Service$250,298.94