Updated Dec 18, 2023
Northeast Private Client Group Acquires Multifamily Property In Hamden, CT For $6.4M
42 Warner Street, Hamden, CT, USA
$6,400,000
$124/SF
Building Size
51,504 SF
Asset Type
MultiFamily
Closing
Apr 22, 2021
About this deal
AI
The multifamily property located at 42 Warner St in Hamden, CT was recently sold in a closed transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,400,000
- Units: 52
- Price Per Unit: $123,077
The deal was facilitated by Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, and John Lockhart from Northeast Private Client Group (NEPCG).
No additional information about the property or the transaction is available at this time.
The multifamily sale at 42 Warner Street, Hamden, CT, USA in Hamden, Connecticut sold for $6.4M in 2021. Reported inventory is 51,504 square feet across 52 units, or about 124 per square foot. John Lockhart, Robert "Bob" Paterno, Richard (Rich) Edwards, Jeff Wright appear on the sale alongside NorthEast Private Client Group. This page is the Hamden, Connecticut file for the 42 Warner Street, Hamden, CT, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hamden sit in the Market section below. Filter that Hamden multifamily set by closing date to see what else sold near 42 Warner Street, Hamden, CT, USA around 2021. Published consideration for 42 Warner Street, Hamden, CT, USA is $6.4M, dated 2021. Cite this Northeast Private Client Group Acquires Multifamily Property In Hamden, CT For $6.4M sale when underwriting similar multifamily product around Hamden, Connecticut.
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Hamden 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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93