facebook
Traded Co logo
Submit
Daily limit: 0/10

Chozick Realty Brokers $8.5 Million Sale Of 71-Unit Multifamily Asset In Meriden CT

Property Image
SOLD
$8,500,000

Connecticut

See Similar Deals
MultiFamily
Sold 04/28/2025
the dealplayerscompscontact
Property Image
SOLD

Chozick Realty Brokers $8.5 Million Sale Of 71-Unit Multifamily Asset In Meriden CT

32 Cook Avenue

See Similar Deals
MultiFamily
Sold 04/28/2025
Contact now

Summary

CONNECTICUT
Asset Type:MultiFamily
Transaction Type:Sale

The transaction involves a multi-family property located at 32 Cook Avenue, Meriden, CT. The asset consists of a fully occupied 71-unit apartment building, which was sold for $8,500,000, resulting in a price per unit of $119,718.

Summary of transaction details:

Chozick Realty served as the brokerage firm for this transaction, assisting in the successful sale of the apartment building, further highlighting their role in the real estate market of Meriden, Connecticut.

Players

Steve Pappas
11 deals$82.3M volume
BROKER

Details

SOLD
IMAGE: 04/28/2025 ADDRESS: 32 Cook Avenue MARKET: Meriden, CT ASSET TYPE: MultiFamily BROKER: Steve Pappas - Chozick Realty SALE PRICE: $8,500,000 UNITS: 71 ~ PPU: $119,718 NOTE: Chozick Realty brokered the $8.5 million sale of a fully occupied 71-unit apartment building in Meriden, Connecticut.

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$453,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04