Located in the vibrant market of Bedford Stuyvesant, the multifamily property at 43 Van Buren Street has been sold. The property, spanning 2,160 square feet, consists of two units. The sale price for this transaction was $2,125,000, resulting in a per unit price of $1,062,500. The price per square foot was calculated at $984.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,125,000
• Units: 2
• Price per Unit: $1,062,500
• Total Square Feet: 2,160
• Price per Square Foot: $984
• Market: Bedford Stuyvesant

The sale of 43 Van Buren Street was facilitated by the seller, Josh Yaghoubzadeh, founder of Bolt Equities. This Brooklyn-based investor/developer acquired the property off-market and subsequently entered into a contract to sell it to the Carlyle Group and Greenbrook Partners while it was still under construction.

Josh Yaghoubzadeh's focus on acquiring 1-8 unit properties exclusively in Brooklyn showcases his targeted investment strategy. To explore potential opportunities, interested parties are encouraged to contact [email protected].