News:
Connecticut
Posted: January 15, 2016
Northeast Private Client Group sells 804 Chapel St. for $1.7 million
804 Chapel Street - New Haven, CTNew Haven, CT Investment sales broker Northeast Private Client Group has completed the sale of 804 Chapel Street, a 7,500 s/f mixed-use property located on the corner of Chapel and Orange Sts. Bradley Balletto, the firm’s regional manager, and David Almeida, CCIM, senior associate in the firm’s Connecticut office, represented the seller and sourced the buyer in the $1.675 million transaction.
“We have a proven track record of matching our clients with qualified buyers of multifamily and commercial properties,” said Balletto. “With deep relationships in the region, we were able to source the most competitive and qualified buyer for this asset.”
The property at 804 Chapel St. comprises street-level retail and five apartments on two upper floors. The apartments feature granite counters, hardwood floors, marble baths, floor-to-ceiling windows, washer/dryers and central air conditioning. The building features an elevator, fitness room and rooftop deck.
The seller is a Fairfield, CT-based private investor. The buyer is New York-based Newcastle Realty Services LLC.
Tags:
Connecticut
MORE FROM Connecticut
Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m
Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
Quick Hits
