The transaction involves the sale of Sumner House Apartments, an 80-unit multifamily property located at 59 Sumner Street in Hartford, CT. This property was built in 1970 and features a mix of studios, one-bedroom, two-bedroom units, and a three-bedroom penthouse. The sale price for the property was $6,700,000, with a price per unit of $83,750.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,700,000
• Units: 80
• Price per Unit: $83,750
• Address: 59 Sumner Street
• Market: Hartford, CT

Rick Chozick and Steve Pappas from Chozick Realty represented the transaction, facilitating the sale of the property in the Asylum Hill neighborhood. Their efforts contributed to the successful closing of this multifamily asset.