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69 Mother Gaston Boulevard

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

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

69 Mother Gaston Boulevard

$1,200,000

$400/SF

Building Size

2,994 SF

Asset Type

MultiFamily

Closing

Dec 14, 2025

AI

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

Broker

$88.1M

vol

14 deals

Broker
Greenbrook Partners
Greenbrook PartnersBuyer

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93