Northeast Private Client Group Sells Brook & Middle Portfolio For $8.1M

The Brook & Middle Portfolio, located at 572 Brook St. and 916 Middle St. in Bristol, CT, has been sold for $8.1 million. The portfolio consists of multifamily investment properties with a total of 75 units. The sale price equates to an average of $108,000 per unit. The total square footage of the properties is 55,399, resulting in an average price per square foot of $146.

Summary of transation details

• Property Type: MultiFamily
• Transaction Amount: $8,100,000
• Units: 75
• Price Per Unit: $108,000
• Square Footage: 55,399
• Price Per Square Foot: $146
• Brokers: Bradley Balletto & Robert Paterno - NorthEast Private Client Group

The sale of the Brook & Middle Portfolio was facilitated by senior vice president Brad Balletto and senior associate Bob Paterno of NorthEast Private Client Group. They represented the seller and procured the buyer in this successful transaction, which involved a total of 75 units and included multifamily investment properties at 572 Brook St. and 916 Middle St.