Updated Dec 20, 2023
Northeast Private Client Group Represents Sale Of Mixed-Use Property In Danbury, CT For $2.4M
286-290 White Street, Danbury, Connecticut 06810, United States
$2,400,000
$171/SF
Building Size
13,996 SF
Asset Type
Mixed-use
Closing
Jul 28, 2022
About this deal
AI
The mixed-use property located at 286-290 White Street in Danbury, CT has been sold for a total of $2,400,000. The transaction was completed on 07/29/2022. The property spans across 13,996 square feet, with a price per square foot of $171.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,400,000
- Address: 286-290 White Street
- Market: Danbury, CT
Robert Paterno and Brad Balletto from Northeast Private Client Group served as the brokers in this sale. They represented the parties involved in the transaction.
On the Map
$2,400,000
$171/SF
Mixed-use
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Danbury 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93