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

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.