EKT Equities Acquires 12-Unit Multifamily In NYC's East 25th Street From Dr. Mohammed Dastghaib For $4.4M

228 East 25th Street, a multifamily property located in New York City, was recently sold in a transaction facilitated by Ali Tabrizi, David Khaloyan, and Benjamin Esshaghian. The property consists of 12 units with a total of 8,760 square feet. The sale price for 228 East 25th Street was $4,400,000, resulting in a price per unit of $366,667 and a price per square foot of $502.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,400,000
• Address: 228 East 25th Street
• Market: New York City
• Buyer: EKT Equities
• Seller: Dr. Mohammed Dastghaib
• Units: 12
• Price per Unit: $366,667
• Square Footage: 8,760
• Price per Square Foot: $502

EKT Equities, represented by [email protected], acquired 228 East 25th Street. The property was purchased with 9 out of 12 units delivered vacant and 75% free market. EKT Equities is actively seeking multifamily and mixed-use opportunities in the Manhattan and Brooklyn markets.