Kempner Properties Acquires Multifamily Property In Stamford, CT For $3.45M

Kempner Properties, led by Rob Kempner and Doug Kempner, has acquired a multifamily property located at 470 Glenbrook Rd in Stamford, CT. The property was sold by Charles Garufi, with the transaction facilitated by Kravet Realty.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,450,000
• Date: 05/11/2022
• Address: 470 Glenbrook Rd
• Market: Stamford, CT
• Buyer: Kempner Properties - Rob Kempner & Doug Kempner
• Seller: Charles Garufi
• Broker: Kravet Realty
• Units: 19
• Price per Unit (PPU): $181,578
• Square Footage (SF): 18,908
• Price per Square Foot (PPSF): $182

This transaction showcases the successful acquisition of a multifamily property by the Kempner Properties team. Rob Kempner and Doug Kempner led the purchasing efforts, securing the property for $3,450,000. The property is located at 470 Glenbrook Rd in Stamford, CT, with a total of 19 units. Each unit has an average price of $181,578 and the entire property spans across 18,908 square feet. The deal was facilitated by Kravet Realty, representing both the buyer and the seller, Charles Garufi.