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
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.
Players
Wilton Office Market Snapshot
Boundary boundary · Office · Sale transactions
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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