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Investor continues string of Waterbury investments with $1.4M purchase of 16-unit apartment building

A limited liability company headed by investor Yitzchok Kaufman paid $1.4 million for a 16-unit apartment building in Waterbury earlier this month, marking his third significant multifamily investment in the Brass City this year.

Kaufman’s LLC – 1054 Bank WB LLC – acquired the four-story, brick apartment building at 1054 Bank St., from Waterbury-based Sivan Group 2 LLC in a deal recorded by the city on Oct. 4.

The 14,800-square-foot building sits on a little more than a tenth of an acre in Waterbury’s Brooklyn neighborhood.

Kaufman lists a Waterbury apartment as his home address and a New City, New York business address in the state business filing for 1054 Bank WB LLC.

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This May, another Kaufman-led LLC paid $2.9 million for a nearby 32-apartment complex at 1083 Bank St. Yet another LLC listing Kaufman as principal paid $2.9 million for a 61-unit apartment building at 71 Plaza Ave., in Waterbury in September.

A Kaufman-led LLC paid $2.55 million for a 32-apartment building in nearby Torrington in January.

The limited liability company that sold Kaufman his latest Waterbury acquisition lists Waterbury Sivan Management LLC as its principal.

Waterbury Sivan Management’s principals are Charles Kirshner, of Waterbury; Solomon Weider, of Brooklyn; and CK Investment LLC, of Brooklyn.

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CK Investment LLC’s principals are Michael Kirshner, of Munsey, New York, and Chaim Kirshner, of Waterbury.

Thuyan Tran, CEO of Oxford Realty Group | Vanguard PCG, brokered the sale of 1054 Bank St. 

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