AGW Partners Acquires Mixed-Use Property In Greenwich, CT From Greenwich Avenue LP – Miller Family For $11.6M
SOLD
$11,600,000
Connecticut
See Similar DealsMixed-use
Sold 07/25/2022
SOLD
AGW Partners Acquires Mixed-Use Property In Greenwich, CT From Greenwich Avenue LP – Miller Family For $11.6M
70-74 Greenwich Avenue, Greenwich, Connecticut 06830, United States
See Similar DealsMixed-use
Sold 07/25/2022
Summary
CONNECTICUT
Asset Type:Mixed-use
Transaction Type:Sale
AGW Partners has acquired a mixed-use property in Greenwich, CT for a sale price of $11,600,000. The property, located at 70-74 Greenwich Avenue, 80-86 Greenwich Avenue, and 40 East Elm Street, offers a versatile space for various uses.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $11,600,000
- Market: Greenwich, CT
- Buyer: AGW Partners
- Seller: Greenwich Avenue LP – Miller Family
- Date: 07/25/2022
- Image: Adam Greenbaum
AGW Partners, a prominent player in the real estate market, made the acquisition. They were represented by their broker, Adam Greenbaum of Greenbaum Realty. Greenwich Avenue LP – Miller Family acted as the seller's representative in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$618,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,212.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,989.92
Annual Debt Service$659,879.02
Is there something missing? Send suggestions