SOLD
Moshe Bloorian Acquires Multifamily Property In New Britain, CT For $7.5M
1300 & 1412 East Street
MultiFamily
70,528 SF
70,528 SF
Sold 324 days ago
Summary
Sale
CONNECTICUT
MultiFamily
70,528 sqft
Moshe Bloorian has purchased two multifamily properties located at 1300 & 1412 East Street in New Britain, CT. The transaction was facilitated by Westley Klockner from Institutional Property Advisors. The properties consist of a total of 63 units, with a price per unit of $119,048. The combined square footage of both properties is 70,528, with a price per square foot of $106. The total sale price for the transaction was $7,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,500,000
- Units: 63
- Price per Unit: $119,048
- Square Footage: 70,528
- Price per Square Foot: $106
- Buyer: Moshe Bloorian
- Seller: Robert Wolf
- Broker: Westley Klockner - Institutional Property Advisors
The transaction was completed as part of the strategic acquisition and repositioning efforts of Greyhill Group. For any opportunities or additional information, contact Greyhill Group at [email protected], [email protected], or [email protected].
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Moshe Bloorian & David Aziz
DATE: 06/01/2023
ADDRESS: 1300 & 1412 East Street
MARKET: New Britain, CT
ASSET TYPE: Multifamily
BUYER: Moshe Bloorian (@GreyhillGroup)
SELLER: Robert Wolf
BROKER: Westley Klockner (@WestleyKlockner) - Institutional Property Advisors
SALE PRICE: $7,500,000
UNITS: 63 ~ PPU: $119,048
SF: 70,528 ~ PPSF: $106
NOTE FROM @GreyHillGroup: Greyhill Group is a commercial real estate company focused on the acquisition and repositioning of industrial and multifamily assets across the tri-state area and nationwide.
Contact Greyhill Group with any opportunities at [email protected]/[email protected] or [email protected].View on map
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Address1300 & 1412 East Street
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