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

Property Image
SOLD
$4,400,000

New York

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MultiFamily8,160 SF
Sold 05/31/2023
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Property Image
SOLD

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

228 East 25th Street

See Similar Deals
MultiFamily8,160 SF
Sold 05/31/2023
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$539
Total Square Footage:8,160 SF
Transaction Type:Sale

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.

Players

DA
David Associates
BUYER
G
Group
BUYER
DD
Dr. Mohammed Dastghaib
2 deals$8.8M volume
SELLER

Details

SOLD
IMAGE: Ali Tabrizi, David Khaloyan & Benjamin Esshaghian DATE: 05/31/2023 ADDRESS: 228 East 25th Street MARKET: New York City ASSET TYPE: Multifamily BUYER: EKT Equities (@EKTEquities) (@AliTabrizi) (@Khal_Oyan) (@BenjiEsshaghian) SELLER: Dr. Mohammed Dastghaib SALE PRICE: $4,400,000 UNITS: 12 ~ PPU: $366,667 SF: 8,760 ~ PPSF: $502 NOTE FROM BUYER: 228 East 25th Street was purchased with 9/12 units delivered vacant and 75% Free market. EKT Equities is actively pursuing multi-family and mixed-use opportunities in The Manhattan and Brooklyn Markets. Please contact [email protected] with any opportunities.

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