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110 Dean Street
SOLD

John Verni Jr. Acquires Multifamily Properties In Providence For $11.67M

110 Dean Street

MultiFamily
64,500 SF
clock iconSold 133 days ago
Tim McGeary
Richard (Rick) Welch
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Summary

Sale
RHODE ISLAND
MultiFamily
64,500 sqft

The multifamily property located at 110 & 128 Dean Street & 18 Spruce Street in Providence, RI, was sold for $11,670,000. The property comprises 49 units with a price per unit of $238,163. It spans 32,250 square feet, resulting in a price per square foot of $362.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,670,000
  • Units: 49
  • Price Per Unit: $238,163
  • Square Footage: 32,250
  • Price Per Square Foot: $362
  • Address: 110 & 128 Dean Street & 18 Spruce Street, Providence, RI
  • Market: Providence, RI

John Verni Jr. acquired the property from William Distefano with the representation of Tim McGeary & Richard Welch from NorthEast Private Client Group.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Tim McGeary's profile picture
Tim McGeary
NorthEast Private Client Group-image
Senior Associate
$39.6M Sold
Richard (Rick) Welch's profile picture

Details

Deal Summary
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SOLD
IMAGE: Tim McGeary & Richard Welch DATE: 01/26/2024 ADDRESS: 110 & 128 Dean Street & 18 Spruce Street MARKET: Providence, RI ASSET TYPE: Multifamily BUYER: John Verni Jr. SELLER: William Distefano BROKERS: Tim McGeary & Richard Welch - NorthEast Private Client Group (@NorthEastPCG) SALE PRICE: $11,670,000 UNITS: 49 ~ PPU: $238,163 SF: 32,250 ~ PPSF: $362

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Address110 Dean Street

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