Joshua Yaghoubzadeh Of Bolt Equities Purchases Bedford Stuyvesant Multifamily For $1.45M From Atars Ashford
525 Madison Street
$1,450,000
$345/SF
Building Size
4,200 SF
Asset Type
MultiFamily
Closing
Jul 31, 2025
AI
The multifamily property located at 525 Madison Street in the Bedford Stuyvesant market was sold for $1,450,000. The asset consists of 4 units and encompasses a total square footage of 4,200, resulting in a price per unit of $362,500 and a price per square foot of $345.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,450,000
- Buyer: Joshua Yaghoubzadeh - Bolt Equities
- Seller: Atars Ashford
- Units: 4
- Square Footage: 4,200
- Price Per Unit: $362,500
- Price Per Square Foot: $345
Joshua Yaghoubzadeh of Bolt Equities acted as the buyer in this transaction. The seller, Atars Ashford, was facing challenges with stalled deals and expressed frustration with slow-moving buyers. Following an expedited process, Joshua scheduled a walkthrough, signed the contract, and made a deposit within 72 hours, demonstrating his commitment to a smooth closing.
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
10.94%
Cash-on-Cash
-3.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93