facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Connecticut

/

Mixed Use

/

Sale

/

140 Hamilton Avenue, Greenw...

Mike Rocco Acquires Mixed-Use Property In Greenwich, CT For $1.95M
SOLDMixed-use

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

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.

Players

Michael Scrima

Houlihan Lawrence Commercial

Broker

$214.1M

vol

60 deals

Broker
Thomas Gorman Jr.
Verified Badge

Thomas Gorman Jr.

Houlihan Lawrence Commercial

Broker

$240M

vol

62 deals

Broker

Greenwich Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

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