Updated Sep 16, 2026
Five-Property Elm Street Portfolio Sold In West Haven Connecticut For $10.428M
131 Elm Street, 135 Elm Street, 136 Elm Street, 144 Elm Street, 137 Elm Street, 141 Elm Street, 149 Elm Street, 187 Elm Street, 2 Fourth Avenue & 10 Fourth Avenue
$10,428,000
Units
79
Asset Type
MultiFamily
Closing
Sep 14, 2026
About this deal
AI
The transaction involved a multi-family asset located at multiple addresses including 131-135 Elm Street, 136-144 Elm Street, 137-141 Elm Street, 145-149 Elm Street, and 187 Elm Street/2-10 Fourth Avenue in West Haven, CT. The total sale price for the five-property Elm Street Portfolio was $10.428 million, comprising 79 multifamily units at a price per unit of $132,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $10,428,000
- Units: 79
- Price Per Unit: $132,000
- Date of Transaction: 09/14/2026
- Brokers: Bradley Balletto, Richard Edwards & Jeff Wright - NorthEast Private Client Group
NPCG facilitated the sale of the Elm Street Portfolio, indicating a strategic transaction in the multi-family market within West Haven, Connecticut. The deal involved the expertise of Bradley Balletto, Richard Edwards, and Jeff Wright, representing the broker agency NorthEast Private Client Group.
On the Map
$10,428,000
MultiFamily
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Players
Elm MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.52%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93