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1143 Main Avenue

Updated Nov 9, 2026

Alfred D'Andrea Purchases MultiFamily Property On Main Avenue From Gary Duva For $2.55M
SOLDMultiFamily

Alfred D'Andrea Purchases MultiFamily Property On Main Avenue From Gary Duva For $2.55M

1143 Main Avenue

$2,550,000

$203/SF

Building Size

12,516 SF

Asset Type

MultiFamily

Closing

Nov 4, 2026

About this deal

AI

The transaction involves a multi-family property located at 1143 Main Avenue in Warwick, RI. The property was sold for $2,550,000 and comprises 12 units, offering a price per unit of $212,500. The total square footage of the property stands at 12,516, which translates to a price per square foot of $203.

Summary of transaction details:

Key individuals involved in the transaction include buyer Alfred D'Andrea and seller Gary Duva, who completed the sale with the assistance of broker Josh Morris from New England Apartment Group. The broker's representation played a crucial role in facilitating the deal.

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$2,550,000

$203/SF

MultiFamily

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Players

Josh Morris

New England Apartment Group

Broker

$36.1M

vol

10 deals

Broker

Alfred D'Andrea

Buyer

$15.8M

vol

3 deals

Buyer

Gary Duva

Seller

$2.6M

vol

1 deal

Seller

Warwick MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $203 per square foot on a published $2.6M for 12,516 square feet (2026).

Visit Josh Morris to view all their deals.

Browse Warwick multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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