5 years ago
NEW HAVEN, CT – O,R&L Commercial announces the sale of 200-204 Alden Ave., New Haven. Richard Gold and Frank Hird of O,R&L represented the Landlord, Nipote LLC. The buyer, Fountainville LLC, was represented by Frank D’Ostilio of Wareck D’Ostilio Real Living.
The nine unit apartment building, in the Westville neighborhood near the Yale Bowl, was comprised of seven 1 bedroom and two 2 bedroom apartments. The sale price was $800,000, or almost $89,000 per unit, and reflects the strong demand for this type property.
O, R&L Commercial, LLC with offices in Branford and Rocky Hill represents landlords and tenants in the office, retail, medical, investment and industrial markets.
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For additional information on this sale or other transactions you may contact Frank Hird, SIOR or Richard Gold at (203) 488-1555 or visit our website at www.orlcommercial.com