Updated Dec 4, 2024
Angel Commercial Facilitates $1.4M Industrial Sale In Bridgeport, CT To A Royal Flush
135 East Washington Avenue
$1,400,000
$106/SF
Building Size
13,176 SF
Asset Type
Industrial
Closing
Jun 5, 2024
About this deal
AI
An industrial property located at 135 East Washington Avenue in Bridgeport, Connecticut, was recently sold for $1.4 million. The property spans 13,176 square feet and was acquired by A Royal Flush, Inc. from the Peter G Standish Revoc Trust.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $1,400,000
- Address: 135 East Washington Avenue
- Market: Bridgeport, CT
- Square Footage: 13,176
- Seller: Peter G Standish Revoc Trust
- Buyer: A Royal Flush, Inc.
- Broker: Jon Angel - Angel Commercial
Angel Commercial, LLC, led by Jon Angel, played a crucial role in facilitating the sale of the industrial property, acting as the broker representing the seller, Peter G Standish Revoc Trust. The transaction successfully transferred ownership to A Royal Flush, Inc., marking a significant deal in the Bridgeport, CT market.
On the Map
$1,400,000
$106/SF
Industrial
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Players
Bridgeport 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93