The property asset involved in the transaction is a multifamily unit located at 742 Lincoln Place in the Crown Heights market. It comprises 2 units and offers a total square footage of 2,700. The property was sold for $2,950,000, resulting in a price per unit of $1,475,000 and a price per square foot of $1,092.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,950,000
• Units: 2
• Price Per Unit: $1,475,000
• Square Footage: 2,700
• Price Per Square Foot: $1,092
• Buyer: Beth Manegerie
• Seller: Joshua Yaghoubzadeh
• Broker: Tali Berzak - Compass
• Date of Sale: 01/15/2025

The sale was characterized by an all-cash offer from the buyer, Beth Manegerie, who was able to surpass multiple competitive offers. In a note from the seller, Joshua Yaghoubzadeh expressed gratitude for the successful transaction while mentioning that Bolt Equities is actively seeking to purchase townhomes and brownstones in northern and central Brooklyn, offering competitive prices for buildings that require extensive renovations.