Nicoll St. Paddock LLC & Nicoll Street East 37 LLC Acquires Multifamily In New Haven, CT For $2.1M
SOLD
$2,100,000
Connecticut
See Similar DealsMultiFamily
Sold 03/02/2022
SOLD
Nicoll St. Paddock LLC & Nicoll Street East 37 LLC Acquires Multifamily In New Haven, CT For $2.1M
258 Nicoll Street, New Haven, Connecticut 06511, United States
See Similar DealsMultiFamily
Sold 03/02/2022
Summary
CONNECTICUT
Asset Type:MultiFamily
Transaction Type:Sale
Nicoll St. Paddock LLC and Nicoll Street East 37 LLC have acquired the multifamily property located at 245-258 Nicoll St in New Haven, CT. The property was sold by NHRG V LLC. The transaction, facilitated by Brad Balletto, Rich Edwards, Jeff Wright, and Bob Paterno of Northeast Private Client Group, had a sale price of $2,100,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Address: 245-258 Nicoll St, New Haven, CT
- Market: New Haven, CT
The buyer, Nicoll St. Paddock LLC and Nicoll Street East 37 LLC, have successfully completed the acquisition of the multifamily property. The sale was brokered by Brad Balletto, Rich Edwards, Jeff Wright, and Bob Paterno, representing Northeast Private Client Group.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
Is there something missing? Send suggestions