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Northeast Private Client Group Sells Multifamily Property In Norwalk, CT For $3.875M

Property Image
SOLD
$3,875,000
Robert "Bob" Paterno
Richard (Rich) Edwards
+ 1

Connecticut

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MultiFamily14,375 SF
Sold 07/09/2020
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Property Image
SOLD

Northeast Private Client Group Sells Multifamily Property In Norwalk, CT For $3.875M

20-26 Fairfield Avenue, Norwalk, CT, USA

See Similar Deals
MultiFamily14,375 SF
Sold 07/09/2020
Robert "Bob" Paterno
Richard (Rich) Edwards
+ 1
Contact now

Summary

CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$269
Total Square Footage:14,375 SF
Transaction Type:Sale

Located at 20-26 Fairfield Avenue in Norwalk, CT, this multifamily property recently changed hands in a sale transaction. The sale was facilitated by Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, and John Lockhart of the Northeast Private Client Group. The sale took place on July 9, 2021, and the property consists of 21 units with a total square footage of 14,375. The sale price for this multifamily asset was $3,875,000. The price per square foot was calculated to be $270, while the price per unit came out to be $184,523.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,875,000
  • Address: 20-26 Fairfield Avenue, Norwalk, CT
  • Market: Norwalk, CT
  • Brokers: Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, and John Lockhart - Northeast Private Client Group
  • Square Footage: 14,375
  • Price per Square Foot: $270
  • Number of Units: 21
  • Price per Unit: $184,523

The involvement of Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, and John Lockhart from the Northeast Private Client Group was instrumental in completing this transaction. These individuals and their agency worked together to facilitate the sale of this multifamily property in Norwalk, CT.

Players

Robert "Bob" Paterno
24 deals$125.1M volume
BROKER

Jeff Wright
NorthEast Private Client Group
30 deals$138.9M volume
BROKER

Richard (Rich) Edwards
NorthEast Private Client Group
30 deals$150.9M volume
BROKER

John Lockhart
NorthEast Private Client Group
10 deals$40.2M volume
BROKER

Details

SOLD
IMAGE: John Lockhart, Robert Paterno, Jeff Wright, Rich Edwards & Bradley Balletto DATE: 07/09/2021 ADDRESS: 20-26 Fairfield Avenue MARKET: Norwalk, CT ASSET TYPE: Multifamily BROKERS: Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, & John Lockhart - Northeast Private Client Group SALE PRICE: $3,875,000 SF: 14,375 ~ PPSF: $270 UNITS: 21 ~ PPSF: $184,523

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