FOR IMMEDIATE RELEASE
April, 21 2016
CLOSING ANNOUNCEMENT: Amodio & Co Brokers Key Parcel to New Housing Development in New Britain
Amodio & Co. Real Estate is pleased to announce the $48,000 sale of 30 South High Street, New Britain, CT. The 0.16 acre parcel had been sitting vacant for decades as a dilapidated parking lot. The buyer, Chrysalis Center Real Estate Corporation, plans on scraping the site and constructing a new parking lot to accommodate residents at their recently purchased neighboring building at 57 Court Street, New Britain. The buyer plans on completely rehabbing the former apartment house, creating 24-one bedroom apartments, with an expected project cost in excess of $6M. Eric Amodio of Amodio & Co. represented the seller, DIMS, LLC, and Vance Taylor of Commercial Real Estate Group represented the buyer, Chrysalis Center Real Estate Corporation.
Amodio & Co. Real Estate is a boutique commercial real estate firm that handles all aspects of real estate including brokerage, financing, and development of commercial property.
For further information, please contact Eric Amodio of Amodio & Co. Real Estate via email at email@example.com or telephone at 860-674-8908.