56 Units Valued at $4.9m Trade in Four Transaction
WHITE PLAINS, NY, & BRIDGEPORT, CT, January 22, 2014 – Investment sales broker Northeast Private Client Group has announced the year-end sale of four apartment properties: 34 Pier Street, Yonkers, NY; 137 East 233 Street, Bronx, NY; 35 Thompson Street, New Haven, CT; and 50 Maple Avenue, Cheshire, CT. The four properties traded in seperate transactions for a combined value of $4,955,000, representing a blended 7.0% capitalization rate on current Net Operating Income. Read more