Updated Oct 28, 2024
Bjork Karlsson Acquires Retail Condo In Stamford, CT From Gideon Friedman With Walgreens As Tenant
780 E Main St, Stamford, Connecticut 06902, United States
$16,200,000
$1,093/SF
Building Size
14,820 SF
Asset Type
—
Closing
Apr 19, 2022
About this deal
AI
A retail condo located at 780 E. Main St. in Stamford, CT has been sold for $16,200,000. The property has a total square footage of 14,820, resulting in a price per square foot of $1,093. The transaction took place on April 20, 2022.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $16,200,000
- Address: 780 E. Main St., Stamford, CT
- Market: Stamford, CT
- Square Footage: 14,820
- Sale Price per Square Foot: $1,093
The buyer in this transaction is Bjork Karlsson, while the seller is Gideon Friedman. Alex Sharrin from JLL and Brendan Conway from Horvath & Tremblay acted as the brokers representing both parties involved. The retail condo currently has Walgreens as its tenant.
Players
Stamford CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $16.2M for 14,820 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93