Andrea Tocko & Brooks Tocko Acquire Multifamily Property From Joshua Yaghoubzadeh For $2.9M
757 Putnam Avenue
$2,900,000
$906/SF
Building Size
3,200 SF
Asset Type
MultiFamily
Closing
Mar 5, 2026
AI
The property asset involved in this transaction is a multifamily unit located at 757 Putnam Avenue in the Bedford Stuyvesant market. The sale price was $2,900,000 for a total of 2 units, translating to a price per unit of $1,450,000. The total square footage of the property is 3,200, resulting in a price per square foot of $906.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Buyer: Andrea Tocko & Brooks Tocko
- Seller: Joshua Yaghoubzadeh - Bolt Equities
- Units: 2
- Square Footage: 3,200
- Price Per Unit: $1,450,000
- Price Per Square Foot: $906
Joshua Yaghoubzadeh represents Bolt Equities, highlighting his experience as a Brooklyn-based developer with over a decade of involvement in acquiring and transforming townhomes and multifamily properties. His work has been featured in Forbes, showcasing his commitment to quality, thoughtful design, and strong execution. Yaghoubzadeh is actively looking to purchase more properties across Brooklyn, positioning himself as a reliable buyer and dedicated designer and developer.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93