Gabriel Schmitt Purchases Multifamily Asset At 816 Lafayette Avenue From Joshua Yaghoubzadeh For $2.7M

The property asset involved in the transaction is a multifamily building located at 816 Lafayette Avenue in the Bedford Stuyvesant market. The sale price for the asset was $2,700,000, comprising 2 units. The total square footage of the property is 3,300, which results in a price per unit of $1,350,000 and a price per square foot of $818.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,700,000
• Units: 2
• Square Footage: 3,300
• Price Per Unit: $1,350,000
• Price Per Square Foot: $818
• Buyer: Gabriel Schmitt
• Seller: Joshua Yaghoubzadeh - Bolt Equities
• Broker: Tali Berzak

The deal was represented by Tali Berzak, who facilitated the transaction between the buyer, Gabriel Schmitt, and the seller, Joshua Yaghoubzadeh of Bolt Equities. Bolt Equities is focused on the acquisition of brownstones and townhomes across northern and central Brooklyn, emphasizing quick closings in 30 days or less.