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42 Warner Street, Hamden, C...

Updated Dec 18, 2023

Northeast Private Client Group Acquires Multifamily Property In Hamden, CT For $6.4M
SOLDMultiFamily

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.

Players

Robert Paterno

NorthEast Private Client Group

Broker

$125.1M

vol

24 deals

Broker

Hamden MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $124 per square foot on a published $6.4M for 51,504 square feet (2021).

Visit John Lockhart to view all their deals.

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

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