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42 Warner Street, Hamden, C...

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

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.

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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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