Criterion Group Acquires Industrial Property On Wheeler Street In New Haven, CT For $21.4M
102 Wheeler St, New Haven, Connecticut 06512, United States
$21,437,000
$158/SF
Building Size
135,000 SF
Asset Type
Industrial
Closing
Jan 20, 2022
AI
The industrial property located at 100 & 102 Wheeler Street in New Haven, CT was recently sold in a transaction. Spanning across 135,000 square feet, the property was acquired by Criterion Group for a sale price of $21,437,000. The price per square foot was determined to be $158.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $21,437,000
- Address: 100 & 102 Wheeler Street, New Haven, CT
- Market: New Haven, CT
Ronald Esposito acted as the seller in this transaction, while Ryan Rapoport and Kyler Bean from Matthews Real Estate Investment Services served as the brokers representing both the buyer and the seller.
Players
Waterbury 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
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93