Northeast Private Client Group Announced the Sale of Three Multi-Family Properties in Connecticut

As seen on Real Estate Weekly

Northeast Private Client Group announced the sale of three multi-family properties in Connecticut.

Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno and John Lockhart represented the seller and procured the buyer in all three transactions:

• Atlantic Street Apartments, a 16-unit apartment building located in Bridgeport, Connecticut sold for $1,900,000 which equates to a price of $118,750 per unit. Atlantic Street Apartments is a waterfront property built in 1983.

• A 14-unit multi-family portfolio located in Greenwich, Connecticut sold for $3,575,000. This equates to a price of $255,357 per unit. This portfolio consists of three properties: two located on North Water Street, and a third located on Beech Street.

• Fairfield Avenue Apartments, a 21-unit multi-family property located in Norwalk, Connecticut sold for $3,875,000. This equates to a price per unit of $184,523. This property is within immediate proximity to South Norwalk and its entertainment, dining, shopping, and transit amenities.