Joshua Yaghoubzadeh Acquires Multifamily Property From Young Management In Brooklyn For $1.65M
37 Decatur Street
$1,650,000
$485/SF
Building Size
3,400 SF
Asset Type
MultiFamily
Closing
Jan 2, 2026
AI
The asset involved in this transaction is a multifamily property located at 37 Decatur Street in Brooklyn. The transaction was completed for $1,650,000, comprising 2 residential units, with a price per unit of $825,000. The total square footage of the property is 3,400, resulting in a price per square foot of $485.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Buyer: Joshua Yaghoubzadeh
- Seller: Young Management
- Units: 2
- Price Per Unit: $825,000
- Square Footage: 3,400
- Price Per Square Foot: $485
The transaction was facilitated by Joshua Yaghoubzadeh, who is actively involved in acquiring multifamily and townhouse properties across Brooklyn through Bolt Equities. Young Management acted as the seller in this deal.
Players
Brooklyn 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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93