Updated Mar 17, 2025
Symetra Provides $4.55M Loan For Industrial Property At 127 Park Avenue In East Hartford, CT
127 Park Avenue, East Hartford, CT, USA
$4,550,000
$30/SF
Building Size
151,628 SF
Asset Type
Industrial
Closing
Nov 19, 2020
About this deal
AI
The industrial property located at 127 Park Avenue in East Hartford, CT has recently undergone a loan transaction. The property spans across 157,267 square feet and is owned by ND XXXI LLC. The loan, provided by Symetra, amounts to $4,550,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,550,000
- Address: 127 Park Avenue, East Hartford, CT
- Market: East Hartford, CT
- Asset Type: Industrial
The loan transaction for the property at 127 Park Avenue was facilitated by CBRE brokers Donna Falzarano and James Gunning. They represented the involved parties throughout the deal.
On the Map
$4,550,000
$30/SF
Industrial
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Players
East Hartford Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93