Robert Montleone Acquires Bedford Stuyvesant Multifamily From Joshua Yaghoubzadeh For $2.4M

The multifamily property located at 409 Bainbridge Street in the Bedford Stuyvesant market was sold for a total of $2,400,000. This asset features 2 units with a total square footage of 2,200. The price per unit stands at $1,200,000, while the price per square foot is noted at $1,090.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,400,000
• Address: 409 Bainbridge Street
• Market: Bedford Stuyvesant
• Units: 2
• Price Per Unit: $1,200,000
• Square Footage: 2,200
• Price Per Square Foot: $1,090
• Buyer: Robert Montleone
• Seller: Joshua Yaghoubzadeh - Bolt Equities

This transaction was facilitated off-market while the property was still under construction. It highlights growing broker and buyer confidence in the area, emphasized by the interior dimensions of 17’ in width and 40’ in depth. The seller expresses gratitude in sharing this information, reinforcing a commitment to quality and execution.