NORWALK, CONN., AND LYNDHURST, N.J. — Marcus & Millichap has negotiated two multifamily sales for a total of $4.58 million. The first property is Hyatt Manor, a 20-unit property located in Norwalk that sold for $2.7 million. The property is located at 6 Hyatt Ave.; it contains three buildings and was constructed from 1952 to 1955. Gary Witten of Marcus & Millichap's New Haven, Conn., office represented the seller, a corporation. Witten and Bradley Balletto, also of the firm's New Haven office, represented the buyer, a limited liability company. The second property is a 15-unit apartment building located in Lyndhurst. The building, which traded for $1.88 million, was constructed in 1925 and also contains ground-floor retail space. Greg Babaian of Marcus & Millichap's New Jersey office represented the buyer, a local investor, and the seller, a limited liability company.
MARCUS & MILLCHAP NEGOTIATES TWO MULTIFAMILY SALES