Northeast Private Client Group Brokers Sell Multifamily Properties In Greenwich, CT For $3.6M
168 North Water Street, Greenwich, CT, USA
$3,575,000
$235/SF
Building Size
15,206 SF
Asset Type
MultiFamily
Closing
Jul 9, 2020
AI
Located in Greenwich, CT, the property at 168 & 180 North Water Street & 15 Beech Street has been sold in a recent transaction. This multifamily asset spans over 15,206 square feet and consists of 15 units. The property was sold for $3,575,000, resulting in a price per square foot of $235. The transaction was facilitated by Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, and John Lockhart from the Northeast Private Client Group.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,575,000
- Square Footage: 15,206
- Price per Square Foot: $235
- Number of Units: 15
The deal was orchestrated by Bradley Balletto, Jeff Wright, Rich Edwards, Robert Paterno, and John Lockhart from the Northeast Private Client Group. Their expertise and experience played a crucial role in successfully closing the transaction. The property's prime location in Greenwich, CT, adds to its desirability and investment potential.
Players
Port Chester MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.44%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93