Author: admin-eric

 

Amodio & Co brokers 44-unit apartment sale – $2.525M

· Closing Announcements

3/1/21

Amodio & Co is pleased to announce the sale of 38-50 Main Street, New Britain, Connecticut. The stately 44-unit mixed use property is located in the Main Street CBD. This 4 story brick asset is home to 5 retail tenants and 39 residential apartments on the upper levels.

Eric Amodio, CCIM, MBA of Amodio & Co represented both buyer and seller in this transaction.

Frank Amodio, CCIM Receives NAR Commercial Award, 2020 CT

· News

Frank Amodio, CCIM has been selected for the 2020 National Association of Realtors (NAR) Commercial Award for Connecticut. He joins the 2020 class of 40 Realtor Members from across the country to be selected for the honor.

REALTORS® engaged in all aspects of commercial real estate, land, development, property management and counseling are recognized for their achievements. These members were nominated because they received an award or honor from their local or state association, community organization, brokerage, industry organization or news publication. NAR is proud of these REALTORS® and all members in commercial real estate.

For additional info: https://www.nar.realtor/about-nar/awards-and-recognition/national-commercial-awards

Amodio & Co Signs Deal with DispatchHealth in Farmington

· Closing Announcements

FOR IMMEDIATE RELEASE – Monday July 27, 2020

Amodio & Co Real Estate is pleased to announce the lease of 1,374 SF of office space at 200 Mountain Road, Farmington, CT to DispatchHealth, a national chain mobile “in-home” urgent care operator. Amodio & Co represented the Landlord in this transaction. This lease brings the property to full occupancy. Amodio & Co previously represented both Buyer and Seller in $735,000 sale of this stately 6,750 SF brick office building.

Amodio & Co Real Estate represented the tenant in this transaction. Amodio & Co. Real Estate is a commercial real estate firm, which handles all aspects of real estate including brokerage, financing, and development of commercial property. For further information, please contact Eric Amodio, CCIM, MBA of Amodio & Co. Real Estate via email: eric@amodio.com Telephone: 860-674-8908.

LEASE: Private Office Suites

· Lease Listings, Office

33 Court Street, New Britain, CT

$975/month – ALL INCLUSIVE!

All utilities included. Lower level office suite with windows. Private rear entry door. Open office/bullpen area, waiting area, private office, kitchenette, private full restroom, and eating/conference room area. Professional building of office users and various therapists offices. Ideal quiet and private space for similar uses.

$1,950,000: Multi-Tenant Office Investment

· Investment, Office

$1,950,000

1137 Main Street, East Hartford, CT

Amodio & Co has been exclusively retained to sell 1137 Main Street, East Hartford, CT. The property is equally suitable for a user or investor, with value-add potential. The front building was built in 1949 specifically as a bank headquarters, with subsequent more recent additions. There is an additional 2-story warehouse outbuilding built circa 1900. Recent capital improvements in excess of $550,000 include HVAC replacement & controls, roof, paving and more. Multiple existing tenants and consistently leasing additional suites.

$349,900: 3 Building Office | New Britain, CT

· Investment, Office

FOR SALE: $349,900

18-32 Cedar Street, New Britain, CT

Amodio & Co is pleased to present this 3 building office portfolio located at 18, 26, and 32 Cedar Street, New Britain, Connecticut. The property has direct on/off access to Rt-72. Off-street parking lot for approx. 40 cars. Upside potential for owner/occupant or investors alike. +/- 14,000 total square footage. Tenants include: Weber & Carrier Law Firm, Barbieri Law Firm, Dr. Dennis Schweitzer, and Connecticut Properties.

  • 3 building portfolio with existing office tenants
  • Exceptional highway & public transit access
  • High vacancy, value-add opportunity
  • Direct highway access location, walk to downtown
  • Existing tenants to remain in place

7-Unit Multifamily Portfolio: 190-194 North Street, New Britain, CT

· Multifamily, Sale Listings

$379,000 // 9.7% Cap Rate // 7 Units

Opportunity to own 7 units on two adjacent lots; comprised of (2) 2-families, (1) 3-family with expansion potential for other buildings on large lot. 5 units are rented (2-family & 3-family). One 2-family (#190 North) is vacant in need of rehab. Plenty of parking area. Expansion potential with oversized deep lot-possible to add additional multifamily, garages, or even more parking area! Newer mechanicals, electrical, hardwired camera systems, newer roofs and windows! Total land area 0.48 acres. NOI $36,637

Amodio & Co Real Estate Leases 8,570 SF Retail Space at former Bristol Bank & Trust Company

· Closing Announcements

FOR IMMEDIATE RELEASE Wednesday January 15, 2020

Amodio & Co Real Estate is pleased to announce the long-term lease of 8,570 SF of office space at 200 Main St., Bristol, CT to Canadian headquartered, The Gift Group.  With facilities in Canada, New York & India, The Gift Group operates brick & mortar locations as well as a major internet presence with a multitude of platforms including Brocrates, Hazelton’s, Blooms, The Hope Collective, Gifting Kosher, Good $ You, North Pole Company & Monthly Sommelier. The business designs, assembles and ships a very wide variety of gift baskets to customers across the globe. This location will feature a florist, chocolate shop, purveyor of gift baskets and retail sales.

Amodio & Co Real Estate represented the tenant in this transaction. Amodio & Co. Real Estate is a commercial real estate firm, which handles all aspects of real estate including brokerage, financing, and development of commercial property. For further information, please contact Frank Amodio, CCIM of Amodio & Co. Real Estate: frank@amodio.com Office: 860-674-8908.

Amodio & Co Real Estate Leases 6,224 SF Retail Space at former Super Natural Market & Deli

· Closing Announcements

FOR IMMEDIATE RELEASE on Wednesday January 15, 2020

Amodio & Co Real Estate is pleased to announce the long-term lease of 6,224 SF of restaurant space at 224 North Main St., Bristol, CT to Canadian headquartered, The Gift Group.  With facilities in Canada, New York & India, The Gift Group operates brick & mortar locations as well as a major internet presence with a multitude of platforms including Brocrates, Hazelton’s, Blooms, The Hope Collective, Gifting Kosher, Good $ You, North Pole Company & Monthly Sommelier. The business designs, assembles and ships a very wide variety of gift baskets to customers across the globe. This location will feature a bakery, coffee shop, purveyor of gift baskets, specialty food and retail sales.

Amodio & Co Real Estate represented the tenant in this transaction. Amodio & Co. Real Estate is a commercial real estate firm, which handles all aspects of real estate including brokerage, financing, and development of commercial property. For further information, please contact Frank Amodio, CCIM of Amodio & Co. Real Estate: frank@amodio.com Office: 860-674-8908.

Amodio Sells 27-39 Main St, New Britain a Second Time

· Closing Announcements

FOR IMMEDIATE RELEASE

December 20, 2019

CLOSING ANNOUNCEMENT: Amodio & Co Sells 27-39 Main St, New Britain a Second Time

Amodio & Co. Real Estate is pleased to announce the $890,000 sale of 27-39 Main Street, New Britain, CT. The 29,948 SF three story mixed use property featured newer windows and roof, ample on-site parking, and houses existing retail tenants including: Boost Mobile, insurance office, hair salon and pawn shop. The two upper floors are currently gutted shells. The buyer plans on turning the two upper floors into approximately 22 newly fit-out urban apartments to service the growing demand for downtown living. Eric Amodio, CCIM of Amodio & Co. represented the seller, Masuda Putnam, LLC; buyer’s were self represented. Amodio had previously represented Masuda Putnam, LLC in their December 2015 acquisition of the property.

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, CCIM of Amodio & Co. Real Estate via email at eric@amodio.com or telephone at 860-674-8908.