Marcus & Millichap arranges the sale of a 16-unit multifamily property in Stamford, Connecticut

299
11 Forest Street
Marcus & Millichap announced the sale of a 11 Forest Street, a 16-unit apartment property located in Stamford, Connecticut.

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 16-unit 15,312-square-foot apartment property located in Stamford, Connecticut.

“11 Forest Street is exceptionally well-located at the corner of Bedford Street in the Stamford CBD,” said Eric Pentore, senior vice president investments. “Downtown Stamford continues to evolve as a destination for lifestyle renters seeking walkability to employment drivers, dining, shopping and entertainment, along with ease of access to New York City,” added Westley Klockner, first vice president investments.

Pentore, Klockner, Steven J. Siegel, Ross Friedel, and Phil Biancavilla, investment specialists in Marcus & Millichap’s New Haven and Manhattan offices, represented the seller and procured the buyer.

The property is located at 11 Forest St. and is less than an hour’s drive to Westchester County Airport and La Guardia Airport. The three-story apartment features 16 957-square-foot one-bedroom/one-bath units.