NY investors pay $15.1M for 180-unit Hartford apartment portfolio

A pair of Brooklyn, New York-based investors recently paid $15.1 million for three Hartford apartment buildings containing 180 units.

In a deed recorded Sept. 9, a limited liability company headed by Meshilim Sinay and Joel Sinay acquired the three buildings, which are clustered in Hartford’s Asylum Hill neighborhood.

The properties include:

  • 862 Asylum Ave. — a 28-unit, three-story brick apartment building dating to 1966.
  • 950 Asylum Ave. — a 70-unit, three-story brick apartment building dating to 1965.
  • 1021 Asylum Ave. — an 82-unit, three-story brick apartment building dating to 1970.

The Sinay-led LLC took out an $11.32 million mortgage from Texas-based CBRE Capital Markets Inc. for the deal. The seller was a Bronxville, New York-based LLC headed by Sandra DeFeo-Borducci.

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Jordan Pinto, of Chozick Realty Inc., represented the seller and procured the buyer.