facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Connecticut

/

Multifamily

/

Sale

/

55 Glade Street

Greystone Management Group Acquires Multifamily And Condos From West Haven Housing Authority For $3.8M
SOLDMultiFamily

Greystone Management Group Acquires Multifamily And Condos From West Haven Housing Authority For $3.8M

55 Glade Street, 57 Glade Street, 59 Glade Street & 63 Glade St West Haven

$3,800,000

Building Size

Asset Type

MultiFamily

Closing

Sep 26, 2025

AI

A 29-unit apartment building and nine condos were sold at 55, 57, 59 & 63 Glade Street in West Haven, CT. The total sale price for the multifamily and condo property was $3,800,000.

Summary of transaction details:

  • Property Type: Multifamily & Condo
  • Transaction Amount: $3,800,000
  • Buyer: Greystone Management Group
  • Seller: West Haven Housing Authority
  • Broker: Fred Messore - Colonial Properties
  • Legal Representative for Seller: Karen Kravetz
  • Legal Representative for Buyer: Elliot Steinmetz

The transaction involved Greystone Management Group acquiring the real estate assets from the West Haven Housing Authority, with the deal facilitated by broker Fred Messore of Colonial Properties, ensuring proper representation for both parties.

Players

Fred Messore

Broker

$7.1M

vol

2 deals

Broker

West Haven MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93