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June 7, 2022

Brooklyn investor pays $2.3M for three New Britain apartment buildings 

Google Maps 74, 80 and 86 Upton St., New Britain

A Brooklyn investor paid $2.3 million for three New Britain apartment buildings with a combined total of 19 units, the latest in a series of investments in smaller central Connecticut cities.

Abraham Indig, of Brooklyn, is principal of Upton 86 NBCT LLC, which purchased three neighboring apartment buildings at 74, 80 and 86 Upton St. in New Britain in a sale recorded by the city on May 10.

All three buildings are 6,372-square-feet, sit on a little more than a tenth of an acre and were built in 1968, according to assessing records.  The building at 86 Upton St. features five units, the others carry seven units each, according to city records.

Indig bought the properties from Martinaj Group Investments LLC, which acquired them through a quitclaim deed from Avni Martinaj and Vito Vlashi just prior to the warranty deed sale to Indig.

City assessing records used a North Granby address as contact while the properties were owned by Martinaj and Vlashi. Martinaj Group Investments reports the same North Granby address as its headquarters and as the residential address of its principal, Avni Martinaj, according to state business records.

This is at least the third significant purchase for Indig in central Connecticut over the course of less than a year.
The Brooklyn investor paid $1.5 million in a sale recorded in February for apartment buildings at 75 Clark St. and 123 North St. in New Britain with a total of 19 units.

Last September, Indig paid $1 million for an 11,640-square-foot, 16-unit apartment building at 218 West St. in Bristol that was built in 1919.
 

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