Updated Oct 28, 2024
30 Edmund Street LLC Acquires Industrial Property In Hamden, CT For $2.175M
30 Edmund Street, Hamden, Connecticut 06517, United States
$2,175,000
$18/SF
Building Size
120,000 SF
Asset Type
Industrial
Closing
Mar 21, 2022
About this deal
AI
30 Edmund St, Hamden, CT has been sold in a recent transaction. The industrial property, spanning over 5.2 acres, was listed for sale by Orchard Investments and purchased by 30 Edmund Street LLC. The deal was facilitated by Stephen Press from Press/Cuozzo Realtors. The sale price for this transaction amounted to $2,175,000, with the property offering 120,000 square feet of space. The price per square foot was calculated at $18.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,175,000
- Address: 30 Edmund St, Hamden, CT
- Market: Hamden, CT
- ACRES: 5.2
- Buyer: 30 Edmund Street LLC
- Seller: Orchard Investments
- Broker: Stephen Press - Press/Cuozzo Realtors
- Square Footage: 120,000
- Price Per Square Foot: $18
This transaction showcases the active real estate market in Hamden, CT and the demand for industrial properties in the area. The involvement of Stephen Press from Press/Cuozzo Realtors highlights the importance of experienced brokers in facilitating successful property transactions.
Players
Hamden Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Stephen Press to view all their deals.
Browse Connecticut industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.29%
Cash-on-Cash
-2.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93