Northeast Private Client Group sells 804 Chapel St. for $1.7 million

804 Chapel Street - New Haven, CT

New Haven, CT Investment sales broker Northeast Private Client Group has completed the sale of 804 Chapel Street, a 7,500 s/f mixed-use property located on the corner of Chapel and Orange Sts. Bradley Balletto, the firm’s regional manager, and David Almeida, CCIM, senior associate in the firm’s Connecticut office, represented the seller and sourced the buyer in the $1.675 million transaction.

“We have a proven track record of matching our clients with qualified buyers of multifamily and commercial properties,” said Balletto.  “With deep relationships in the region, we were able to source the most competitive and qualified buyer for this asset.”

The property at 804 Chapel St. comprises street-level retail and five apartments on two upper floors.  The apartments feature granite counters, hardwood floors, marble baths, floor-to-ceiling windows, washer/dryers and central air conditioning.  The building features an elevator, fitness room and rooftop deck. 

The seller is a Fairfield, CT-based private investor. The buyer is New York-based Newcastle Realty Services LLC.