News: Connecticut

Northeast Private Client Group facilitates two sales totaling $10.1 million

21 Seir Hill Road - Norwalk, CT

 

The Presidential Apartments, 55 Jackson Avenue - Bridgeport, CT

 

Norwalk, CT Northeast Private Client Group (NPCG) has facilitated the sale of Skyview Gardens, located at 21 Seir Hill Rd. for $4.8 million.

Vice president, investments Rich Edwards, Jeff Wright and associate Derek Mahabir represented the seller and procured the buyer in the transaction.

Located at 21 Seir Hill Rd., Skyview Gardens is a boutique luxury condominium building consisting of twelve units constructed in 2005. Atop a hillside, the building features two-bedroom/ two-bathroom layouts with open floor plans and designs. Units feature hardwood flooring throughout, private balconies, gas fireplaces, standup shower + jacuzzi bathtubs, central AC + forced air heat, and in-unit laundry. Additionally, the property offers its residents private storage lockers, optional garage parking, off-street surface parking spaces, elevator, an entry intercom system, and package room.

NPCG has also facilitated the  $5.3 million sale of a 44-unit apartment building in Bridgeport, CT.

Managing director Brad Balletto, vice president, investments Rich Edwards, Jeff Wright, VP of brokerage Robert Paterno and investment associate Chris Bierezowiec represented the seller and procured the buyer in the transaction.

The Presidential Apartments at 55 Jackson Ave., consist of 44 total units. The property consists of a unit mix of two studio units, forty-one one-bed units, and one two-bed unit. Presidential Apartments is just over 26,000 s/f of gross living area on 0.77 acres, in the Brooklawn/St. Vincent neighborhood. The property was constructed in 1970 and has been managed by the same owner for 18 years.

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