Moshe Bloorian's GreyHill Group Acquires Industrial Property In Bridgeport, CT For $12.4M
380 Horace St Bridgeport, CT 06610, USA
$12,400,000
$72/SF
Building Size
170,047 SF
Asset Type
Industrial
Closing
Jun 19, 2023
AI
The industrial property located at 380 Horace Street in Bridgeport, CT has been sold for a total price of $12,400,000. The property spans across 170,047 square feet, resulting in a price per square foot of $73. The sale was completed on 06/19/2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $12,400,000
- Square Footage: 170,047
- Price per Square Foot: $73
- Address: 380 Horace Street, Bridgeport, CT
- Market: Bridgeport, CT
Moshe Bloorian of GreyHill Group represented the buyer in the transaction. The seller, LJ Blaiotta, successfully completed the sale of the property. Both parties played key roles in the deal's completion.
Bridgeport Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93