facebook

traded

+ Submit+ Submit a Deal
Home

/

Deals

/

Connecticut

/

Multifamily

/

Sale

/

1 Harbor Point Road

Samantha Rudin Earls And Michael Rudin Acquire 239-Unit Multifamily Complex In Stamford For $150M
SOLDMultiFamily

Samantha Rudin Earls And Michael Rudin Acquire 239-Unit Multifamily Complex In Stamford For $150M

1 Harbor Point Road

Building Size

Asset Type

MultiFamily

Closing

Jun 2, 2026

AI

The property involved in the transaction is a multifamily asset located at 1 Harbor Point Road in Stamford, CT. This luxury apartment complex consists of 239 units and is valued at approximately $150 million. It represents Rudin Management Company's rare expansion outside New York City.

Summary of transaction details:

This acquisition is facilitated by Douglas Harmon and Adam Spies, who are the brokers representing the buyer, Rudin Management Company. The transaction is significant as it marks a strategic move for the Rudin family, noted for their real estate portfolio primarily in New York City.

Players

Adam Spies
Verified Badge

Adam Spies

Newmark

Broker

$72.1B

vol

265 deals

Broker
Michael Rudin

Michael Rudin

Rudin Management Company

Buyer

$2.1B

vol

23 deals

Buyer
BT
Building and Land TechnologySeller

Market 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93