RGMZ Acquisitions Acquires Retail Property In Ansonia, CT For $14M
100 Division Street, Ansonia, Connecticut 06401, United States
$14,000,000
$153/SF
Building Size
91,460 SF
Asset Type
Retail
Closing
May 10, 2022
AI
Ansonia, CT's retail property located at 100 Division St was recently sold for a price of $14,000,000. The transaction took place on 05/11/2022 and involved a total area of 91,460 square feet. The buyer, RGMZ Acquisitions, LLC, acquired the property from the seller, Ansonia (E&A), LLC, with the assistance of broker Jim Koury from Institutional Property Advisors. The price per square foot for this sale was $153.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,000,000
- Address: 100 Division St, Ansonia, CT
- Market: Ansonia, CT
- Buyer: RGMZ Acquisitions, LLC
- Seller: Ansonia (E&A), LLC
- Broker: Jim Koury - Institutional Property Advisors
- Transaction Date: 05/11/2022
- Area: 91,460 square feet
- Price per Square Foot: $153
This sale represents a significant transaction in the retail market of Ansonia, CT. RGMZ Acquisitions, LLC, as the buyer, made a strategic investment by acquiring the property located at 100 Division St. Ansonia (E&A), LLC acted as the seller, facilitating the transfer of ownership. Jim Koury, a representative from Institutional Property Advisors, played a crucial role as the broker, ensuring a successful transaction for all parties involved.
Ansonia Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93