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17-29 South Main Street
SOLD

Northeast Private Client Group Brokers Sell Mixed-Use Property In Branford, CT For $4.7M

17-29 South Main Street

Mixed-use
33,614 SF
clock iconSold 1 year ago
John Lockhart
Robert "Bob" Paterno
Richard (Rich) Edwards
+ 2
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Summary

Sale
CONNECTICUT
Mixed-use
33,614 sqft

Located at 17-29 South Main St in Branford, CT, this mixed-use property has recently been sold in a closed transaction. The property features a total of 29 units, with an average price per unit of $522,222. The total square footage of the property is 33,614, resulting in an average price per square foot of $140. The sale price for this transaction was $4,700,000, representing a 6.08% capitalization rate.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $4,700,000
  • Units: 29
  • Price Per Unit: $522,222
  • Square Footage: 33,614
  • Price Per Square Foot: $140
  • Capitalization Rate: 6.08%
  • Market: Branford, CT

The successful sale of this property was facilitated by Brad Balletto, Rich Edwards, Jeff Wright, Bob Paterno, and John Lockhart from Northeast Private Client Group. Their expertise and professionalism contributed to the completion of this transaction.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

John Lockhart's profile picture
John Lockhart
NorthEast Private Client Group-image
Junior Financial Analyst/Transaction Manager
$40.2M Sold
Jeff Wright's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: John Lockhart, Bob Paterno, Jeff Wright, Rich Edwards & Brad Balletto DATE: 11/19/2021 ADDRESS: 17-29 South Main St MARKET: Branford, CT ASSET TYPE: Mixed-use BROKERS: Brad Balletto, Rich Edwards, Jeff Wright, Bob Paterno & John Lockhart - Northeast Private Client Group SALE PRICE: $4,700,000 UNITS: 29 ~ PPU: $522,222 SF: 33,614 ~ PPSF: $140 CAP: 6.08%

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Address17-29 South Main Street

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