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41 Southfield Avenue

Robert Lombardo Andrew Powers And Michael McGuire Purchase Stamford Multifamily Building For $1.67M
SOLDMultiFamily

Robert Lombardo Andrew Powers And Michael McGuire Purchase Stamford Multifamily Building For $1.67M

41 Southfield Avenue

$1,666,500

$186/SF

Building Size

8,950 SF

Asset Type

MultiFamily

Closing

Oct 16, 2025

AI

The property asset involved in this transaction is a multifamily building located at 41 Southfield Avenue, Stamford, CT. The sale price of the asset is $1,666,500, which encompasses a total of 6 units. The building spans a total square footage of 8,950, resulting in a price per unit of $277,750 and a price per square foot of $186.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,666,500
  • Units: 6
  • Square Footage: 8,950
  • Price Per Unit: $277,750
  • Price Per Square Foot: $186
  • Buyers: Robert Lombardo, Andrew Powers & Michael McGuire - LMP Capital Partners
  • Date of Transaction: 10/16/2025

The key individuals involved in the transaction include Robert Lombardo, Andrew Powers, and Michael McGuire, who are associated with LMP Capital Partners. Their representation in this acquisition highlights their active role in expanding their portfolio within the multifamily market.

Players

Michael McGuire

Buyer

$4.4M

vol

4 deals

Buyer

Stamford 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

9.52%

Cash-on-Cash

-2.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93