A retired North Haven management consultant added seven West River condos to his local real estate holdings in the city’s latest property transactions.
He now owns half of a 1940s-era Ella T. Grasso Boulevard condo complex.
According to the city’s property records database, West River Rentals LLC, a holding company owned by Robert Kesselman, spent $192,000 buying sevencondos in the Westview Commons condo complex on Feb. 26 and on March 6.
Kesselman, a retired management consultant who lives in North Haven, paid John Mudre $25,000 each for apartments B and D at 1231 Ella T. Grasso Blvd. He paid $42,000 to Ashlie Grasa for apartment A at 1207 Ella T. Grasso Blvd. And he paid Stephanie and Rudolph Gosteli $25,000 each for apartments A and D at 1203 Ella T. Grasso Blvd. and apartments B and C at 1207 Ella T. Grasso Blvd.
Apartments B and D at 1231 Ella T. Grasso Blvd. last sold for $85,700 each in 1987. Apartment A at 1207 Ella T. Grasso Blvd. last sold for $45,000 in 2014. Apartments A and D at 1203 Ella T. Grasso Blvd. last sold for $21,000 each. And apartments B and C at 1207 Ella T. Grasso Blvd. last sold for $12,000 each.
“They had been slipping a bit,” Kesselman said about the seven condos he recently purchased. “My plans are to make them better than they are now.” He said he plans to keep the current tenants in place.
These seven new purchases mean that Kesselman now owns 18 of the 36 condos in the condo complex, which was built in 1942 and consists of nine two-story, vinyl-sided buildings that line the Boulevard between Derby Avenue and Irving Street.
Over the past nine months, Kesselman has spent a total of $758,000 buying up the 18 units, including the seven most recent purchases. He said all of the properties in the complex are low-income, and some are federally subsidized through Section 8.
Kesselman said his Westview Commons condos are the only properties he owns in the city, or anywhere else.
In other recent property transactions, Mandy Management’s property manager Yehuda Gurevitch purchased the split-level, single-family Quinnipiac Meadows house at 260 Weybosset St. on Feb. 22 for $115,000 from the federal Secretary of Housing and Urban Development (HUD). Gurevitch deeded the property for $1 to the Mandy-owned holding company Gur New Haven II, LLC on Feb. 28.
And in Newhallville, Real Estate Group XII LLC, a holding company owned by Mandy Management’s Menachem Gurevitch, bought the two-family house at 738 Winchester Ave. for $105,000 from Yaroslava Klyuchovska and Ihor Lukiv.
Previous property sale coverage:
• $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