A multifamily property located at 816 Lafayette Avenue in Bedford Stuyvesant, Brooklyn has been sold. The property is a 20 ft wide 4-story brownstone situated between Throop Ave and Marcus Garvey Blvd. It spans a total of 3,360 square feet and consists of 2 units. The sale price for this property was $1,300,000, resulting in a price per unit of $650,000, and a price per square foot of $387.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,300,000
• Units: 2
• Price per Unit: $650,000
• Square Footage: 3,360
• Price per Square Foot: $387
• Market: Bedford Stuyvesant, Brooklyn

The buyer of the property is Joshua Yaghoubzadeh, representing Bolt Equities, a Brooklyn-based investor/developer. The seller is Brenda Harris.

Joshua Yaghoubzadeh, the founder of Bolt Equities, expressed gratitude for acquiring this new property. He is actively seeking opportunities to acquire 1-8 unit properties in the Brooklyn markets and invites interested parties to reach out at [email protected].