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30 Edmund Street, Hamden, C...

Updated Oct 28, 2024

30 Edmund Street LLC Acquires Industrial Property In Hamden, CT For $2.175M
SOLDIndustrial

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

Stephen Press

Press|Cuozzo

Broker

$14.7M

vol

8 deals

Broker

Hamden Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $18 per square foot on a published $2.2M for 120,000 square feet (2022).

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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

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