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Greenbrook Partners Acquires Multifamily Property From Forde Family For $1.2M In Bed-Stuy

Property Image
SOLD
$1,200,000

New York

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MultiFamily2,994 SF
Sold 12/15/2025
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Property Image
SOLD

Greenbrook Partners Acquires Multifamily Property From Forde Family For $1.2M In Bed-Stuy

69 Mother Gaston Boulevard

See Similar Deals
MultiFamily2,994 SF
Sold 12/15/2025
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$400
Total Square Footage:2,994 SF
Transaction Type:Sale

This multifamily asset, located at 69 Mother Gaston Boulevard in Bedford-Stuyvesant, Brooklyn, was sold for $1,200,000. The property encompasses a total of 2,994 square feet and consists of 3 residential units, making the price per unit $400,000 and the price per square foot $400.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Buyer: Greenbrook Partners
  • Seller: Forde Family
  • Broker: Eli Shayesteh - Rosewood Realty Group
  • Units: 3
  • Square Footage: 2,994
  • Price per Unit: $400,000
  • Price per Square Foot: $400

Eli Shayesteh of Rosewood Realty Group represented the broker in the transaction, successfully facilitating an off-market deal involving an all-cash purchase for this vacant 3-family property in Bed-Stuy.

Players

Eli Shayestehpour
Rosewood Realty Group
Eli Shayestehpour
13 deals$42.3M volume(212) 419-8168
BROKER
Greenbrook Partners
Greenbrook Partners
BUYER

Details

SOLD
IMAGE: Eli Shayesteh DATE: 12/15/2025 ADDRESS: 69 Mother Gaston Boulevard MARKET: Bedford-Stuyvesant, Brooklyn ASSET TYPE: Multifamily BUYER: Greenbrook Partners SELLER: Forde Family BROKER: Eli Shayesteh (@EliShayestehpour) - Rosewood Realty Group (@RosewoodRG) SALE PRICE: $1,200,000 UNITS: 3 ~ PPU: $400,000 SF: 2,994 ~ PPSF: $400 BROKER'S NOTE: Eli Shayesteh successfully facilitated the sale of this vacant 3-family in Bed-Stuy. Off market deal and all cash purchase. We specialize in sourcing and facilitating off market transactions. We get deals done. If you are looking to sell or buy NYC real estate, lets connect! Please reach out for similar opportunities. Eli Shayesteh 212-419-8168 [email protected]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35