Updated Oct 28, 2024
1530 Management Acquires Industrial Properties In Stamford, CT For $5.5M With Buyer's Rep Jeff Kintzer & Seller's Rep Cody Nizzardo
0 Irving Avenue, Stamford, Connecticut 06902, United States
$5,500,000
Building Size
—
Asset Type
Industrial
Closing
Feb 17, 2022
About this deal
AI
Five industrial properties located at 0, 17, 18, 25 & 43 Irving Avenue, and 145 Selleck Street in Stamford, CT have been sold in a recent transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,500,000
1530 Management, LLC is the buyer of these properties. The buyer was represented by Jeff Kintzer from Royal Properties, Inc. The seller's representative in this deal was Cody Nizzardo from Nizzardo Real Estate.
The industrial sale at 0 Irving Avenue, Stamford, Connecticut 06902, United States in Stamford, Connecticut sold for $5.5M in 2022. 0 Irving Avenue, Stamford, Connecticut 06902, United States is classified as Industrial on Traded. Named participants on the 0 Irving Avenue, Stamford, Connecticut 06902, United States sale are Cody Nizzardo, Jeff Kintzer. This page is the Stamford, Connecticut file for the 0 Irving Avenue, Stamford, Connecticut 06902, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Stamford sit in the Market section below. Filter that Stamford industrial set by closing date to see what else sold near 0 Irving Avenue, Stamford, Connecticut 06902, United States around 2022. Published consideration for 0 Irving Avenue, Stamford, Connecticut 06902, United States is $5.5M, dated 2022. Cite this 1530 Management Acquires Industrial Properties In Stamford, CT For $5.5M With Buyer's Rep Jeff Kintzer & Seller's Rep Cody Nizzardo sale when underwriting similar industrial product around Stamford, Connecticut.
Players
Stamford Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93