Updated Feb 16, 2024
Mike Rocco Acquires Mixed-Use Property In Greenwich, CT For $1.95M
140 Hamilton Avenue, Greenwich, Connecticut 06830, United States
$1,950,000
Building Size
—
Asset Type
Mixed-use
Closing
Jan 25, 2022
About this deal
AI
A mixed-use property located at 140 Hamilton Avenue in Greenwich, CT has been sold for a price of $1,950,000. The property spans approximately 4,000 square feet, resulting in a price per square foot of $487. The transaction took place on January 25, 2022.
Summary of transaction details
- Property Type: Mixed Use
- Transaction Amount: $1,950,000
- Address: 140 Hamilton Avenue
- Market: Greenwich, CT
The buyer for this property is Mike Rocco, while the seller is Ida Sangermano. The brokers involved in the deal are Kevin Scrima, Michael Scrima, and Thomas Gorman Jr. from Edwood Realty Advisors, as well as Thomas McConnell, the CT Broker of Record.
On the Map
$1,950,000
Mixed-use
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Players
Greenwich Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93