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Alfred D'Andrea & Carlo Carlozzi Acquire Multifamily Assets From Irshad Sideeka For $11.4M

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SOLD
$11,400,000

Massachusetts

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MultiFamily148,592 SF
Sold 10/01/2025
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Property Image
SOLD

Alfred D'Andrea & Carlo Carlozzi Acquire Multifamily Assets From Irshad Sideeka For $11.4M

205 West Sixth Street

See Similar Deals
MultiFamily148,592 SF
Sold 10/01/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$76
Total Square Footage:148,592 SF
Transaction Type:Sale

The asset involved in this transaction is a MultiFamily property located at 37 Vine Street, 88 Church Street, and 11 Maple Avenue in West Warwick, RI. The sale price for the property was $11,400,000, which encompasses a total of 81 units, resulting in a price per unit of $140,740. The property covers a total square footage of 148,592, yielding a price per square foot of $76.

Summary of transaction details:

Alfred D'Andrea and Carlo Carlozzi were the buyers involved in this transaction, while Irshad Sideeka served as the seller. The brokers facilitating the deal included Josh Morris and John Slyman from New England Apartment Group, along with Tim Thompson.

Players

3 deals$48.1M volume
BROKER


Josh Morris
New England Apartment Group
5 deals$21.5M volume(401) 556-3665
BROKER

New England Apartment Group
BROKERAGE

Details

SOLD
IMAGE: John Slyman, Josh Morris & Tim Thompson DATE: 10/1/2025 ADDRESS: 37 Vine Street, 88 Church Street & 11 Maple Avenue MARKET: West Warwick, RI ASSET TYPE: MultiFamily BUYER: Alfred D'Andrea & Carlo Carlozzi SELLER: Irshad Sideeka BROKERS: Josh Morris (@ItsJoshMorris) & John Slyman - New England Apartment Group & Tim Thompson SALE PRICE: $11,400,000 UNITS: 81 ~ PPU: $140,740 SF: 148,592 ~ PPSF: $76

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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