Bedford Realty Associates Acquires Multifamily Asset From Putnam Green PIC Associates For $20.7M

Putnam Green is a multifamily asset located at 31 Putnam Green in Greenwich, CT. The property consists of 66 units and was sold for $20,700,000, resulting in a price per unit of $313,636. This transaction marks a significant deal in the market, being the largest multifamily transaction in Greenwich since 2012.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $20,700,000
• Units: 66
• Price Per Unit: $313,636
• Buyer: Bedford Realty Associates
• Seller: Putnam Green, PIC Associates
• Brokerage: Jeffrey Dunne, Eric Apfel & Travis Langer - CBRE
• Date of Transaction: 06/24/2025

The sale was facilitated by CBRE, with Jeffrey Dunne, Eric Apfel, and Travis Langer representing the brokerage in this transaction.