Thomas Breen photo
29 Oak Ridge Dr.
Allan Appel Photo
Mendy Paris: Bullish on condos.
A Westville-based landlord spent nearly $300,000 buying half a dozen condos on a quiet block in Quinnipiac Meadows, in some the city’s latest property transactions.
According to the city’s property records database, Gan Eden Chadash LLC, a holding company owned by Mendel Paris of Westville’s Paris Realty Group, recently spent a combined $289,000 on six single-story condos on Oak Ridge Drive in Quinnipiac Meadows.
Paris said he doesn’t currently own any other condos on the block, though his company does own a few on Quinnipiac Avenue. He said he was attracted to the Oak Ridge Drive units because they’re already in pretty good condition and because they sit on a quiet, peaceful residential block near the North Haven border that is already lined with condos.
“We plan on upgrading them as leases expire,” he said about the redoing the unit’s kitchens and bathrooms. “A little facelift.”
Oak Ridge Drive.
He added that his company, which already owns around 150 residential units throughout the city, would be interested in buying more in the Oak Ridge Drive streetful of condos.
“I’d love to buy more if we get the right price,” he said.
44 Oak Ridge Dr.
On March 15, Gan Eden Chadash paid Tomaso Martone $240,000 for the single-story condos at Units 22 and 23 of 44 Oak Ridge Dr., Unit 67 of 29 Oak Ridge Dr., Unit 28 of of 52 Oak Ridge Dr., and Unit 54 of 63 Oak Ridge Dr. The five condos last sold for a total of $162,450 in 2003.
A few weeks earlier on Feb. 27, Paris’s company paid Abdessamad Melouane for the single-story condo picked up the single-story condo at Unit 44 of 102 Oak Ridge Dr., which last sold for $60,000 in 2003.
In other recent property sales news, Robert Kesselman’s West River Rentals LLC picked up two more condos at the Westview Commons condo complex in West River. The North Haven landlord now owns 20 of the complex’s 36 units. On Feb. 26, Kesselman paid John Mudre Jr. $25,000 for Unit D of 1231 Ella T. Grasso Blvd. The unit last sold for $85,700 in 1987. And on March 12, Kesselman paid Chandrasekar Venugopal $25,000 for Unit A of 1231 Ella T. Grasso Blvd. The unit last sold for $92,000 in 1988.
Meanwhile, another single-family home in East Rock sold for over $1 million. Christopher Peters and Fatima Naqvi-Peters paid Susan Stokes and Steven Pincus $1.133 million for the two-and-a-half story home at 190 Everit St. The home last sold for $1.2 million in 2005.
Previous property sale coverage:
• Landlord Boosts West River Condo Holdings
• $21 Million Changes Hands In 2 Days
• 50 Factory Jobs Coming To Fair Haven
• Brendan Towers Sold For $6M+
• Investors Drop $917K On West Side Condos
• Mandy’s 2018 Buying Spree Nears $13M
• Mandy Empire Buys Up The Block
• Roots Planted In Newhallville
• Latest Sales: Mandy Buying Spree Continues
• Latest Sales: Mandy Expands In City Point
• Latest Sales: East Rock Home Buy Tops $1M
• Latest Deals: Beulah’s 5th Rehab On Block
• Latest Sales: NHR Sheds Small To Focus Big
• Latest Sales: Mandy Buys In Heights
• Home Sale Price Doubles In 13 Years