facebook
Traded Co logo
Submit

Scott Fields And Adam Fields Acquire Multifamily Property From Joshua Yaghoubzadeh For $2.55M

Property Image
SOLD
$2,550,000

New York

See Similar Deals
MultiFamily2,600 SF
Sold 12/15/2025
the dealdetailscomps
Property Image
SOLD

Scott Fields And Adam Fields Acquire Multifamily Property From Joshua Yaghoubzadeh For $2.55M

505a Monroe Street

See Similar Deals
MultiFamily2,600 SF
Sold 12/15/2025
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$980
Total Square Footage:2,600 SF
Transaction Type:Sale

This transaction involves a multifamily property located at 505a Monroe Street in the Bedford Stuyvesant market. The asset has a sale price of $2,550,000 and consists of 2 units. The total square footage is 2,400, resulting in a price per unit of $1,275,000 and a price per square foot of $1,063.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,550,000
  • Units: 2
  • Square Feet: 2,400
  • Price Per Unit: $1,275,000
  • Price Per Square Foot: $1,063
  • Buyer: Scott Fields & Adam Fields
  • Seller: Joshua Yaghoubzadeh - Bolt Equities
  • Date of Sale: 12/15/2025

The broker for the seller in this transaction was Joshua Yaghoubzadeh of Bolt Equities. A note from the seller indicated gratitude for the opportunity to share this off-market transaction which was placed under contract while still under construction. The note also mentioned increasing broker confidence and anticipation of more properties entering the market soon.

Players

BE
Bolt Equities
SELLER

Details

SOLD
IMAGE: Joshua Yaghoubzadeh DATE: 12/15/2025 ADDRESS: 505a Monroe Street MARKET: Bedford Stuyvesant ASSET TYPE: Multifamily BUYER: Scott Fields & Adam Fields SELLER: Joshua Yaghoubzadeh - Bolt Equities (@boltequities) SALE PRICE: $2,550,000 UNITS: 2 ~ PPU: $1,275,000 SF: 2,400 ~ PPSF: $1,063 NOTE FROM SELLER: Grateful to share. This address was placed under contract off-market while still under construction, despite backing onto one of the most challenging streets in Bedford-Stuyvesant. Broker confidence has continued to increase, with more agents comfortably bringing qualified buyers to my projects. Multiple Landmark and Western Bedford properties are scheduled to come to market soon.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$136,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,059.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,088.30
Annual Debt Service$145,059.61