September 12, 2007
Rick Chozick and Ryan Perkoski of Chozick Realty, Inc., have completed the sale of 18-22 Lincoln St., for $1.325 million. This 24 unit building was constructed in 1928 and was renovated within the past three years. In addition to remodeled apartments and common areas, the property has a new roof, windows, decks and parking lot. The property’s location and condition provides for a consistent occupancy level at or close to 100%.
The unit mix consists of 16 one-bedroom, seven two-bedroom and one three bedroom apartments.
Rick Chozick and Ryan Perkoski were the sole brokers. The property was marketed for 30 days, with multiple offers. This is the seventh multifamily property in New Britain brokered by Chozick Realty within the past year, representing 288 units within this community.
The seller was Access Properties, Inc. and the buyer was PR&P, LLC.