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12 Godfrey Place, Wilton, C...

Updated Oct 28, 2024

Greenwich Realty Development Acquires Office Building In Wilton, CT For $2.5M
SOLDOffice

Greenwich Realty Development Acquires Office Building In Wilton, CT For $2.5M

12 Godfrey Place, Wilton, Connecticut 06897, United States

$2,500,000

$230/SF

Building Size

10,871 SF

Asset Type

Office

Closing

Aug 18, 2022

About this deal

AI

An office property located at 12 Godfrey Place in Wilton, CT has been sold. The transaction took place on 08/19/2022 with a sale price of $2,500,000. The property spans 10,871 square feet, resulting in a price per square foot of $230.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $2,500,000
  • Date: 08/19/2022
  • Address: 12 Godfrey Place, Wilton, CT
  • Market: Wilton, CT

The buyer of the property is Greenwich Realty Development, LLC. The sale was facilitated by Eva Kornreich from Angel Commercial, LLC. Eva Kornreich represented the buyer in this transaction.

On the Map

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$2,500,000

$230/SF

Office

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Players

Eva Kornreich

Angel Commercial

Broker

$8.4M

vol

3 deals

Broker

Wilton Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $230 per square foot on a published $2.5M for 10,871 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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