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EKT Equities Acquires 10-Unit Multifamily Property In Manhattan For $3.5M

Property Image
SOLD
$3,500,000
AT
DK
Benjamin Esshaghian

New York

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MultiFamily6,650 SF
Sold
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Property Image
SOLD

EKT Equities Acquires 10-Unit Multifamily Property In Manhattan For $3.5M

243 East Broadway, New York City, New York 10002, United States

See Similar Deals
MultiFamily6,650 SF
Sold
AT
DK
Benjamin Esshaghian
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$526
Total Square Footage:6650 SF
Transaction Type:Sale

The multifamily property located at 243 E. Broadway in Manhattan has been sold for a price of $3,500,000. The property consists of 10 units with a price per unit of $350,000. The total square footage of the property is 6,650, resulting in a price per square foot of $526.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 243 E. Broadway
  • Market: Manhattan
  • Units: 10
  • Price per Unit: $350,000
  • Total Square Footage: 6,650
  • Price per Square Foot: $526

The buyer of the property is EKT Equities, LLC represented by Ali Tabrizi, David Khaloyan, and Benjamin Esshaghian. The seller is Steven Cheung. It is worth noting that 8 out of the 10 units in the property are free market with significant potential for increased rental income. EKT Equities is actively seeking multifamily and mixed-use deals in various boroughs.

Players

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

Details

SOLD
IMAGE: Ali Tabrizi, David Khaloyan & Benjamin Esshaghian DATE: 05/02/2022 ADDRESS: 243 E. Broadway MARKET: Manhattan ASSET TYPE: Multifamily BUYER: EKT Equities, LLC - Ali Tabrizi (@AliTabrizi), David Khaloyan (@Khal_Oyan) & Benjamin Esshaghian (@BenjiEsshaghian) SELLER: Steven Cheung SALE PRICE: $3,500,000 UNITS: 10 ~ PPU: $350,000 SF: 6,650 ~ PPSF: $526 NOTE FROM BUYER: 8 out of 10 units free market with significant upside in rent roll. EKT Equities is actively looking for multi family & mixed use deals throughout the boroughs.

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