Updated Dec 19, 2023
Retail Property In Hartford, CT Sells For $6.1M With Brokers Horvath & Tremblay
161 Washington St, Hartford, Connecticut 06106, United States
$6,087,000
$439/SF
Building Size
13,855 SF
Asset Type
Retail
Closing
Feb 10, 2022
About this deal
AI
The retail property located at 161 Washington St in Hartford, CT has been sold for a total price of $6,087,000. The property spans across an area of 13,855 square feet, resulting in a price per square foot of $439.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,087,000
- Address: 161 Washington St
- Market: Hartford, CT
- Square Footage: 13,855
- Price per Square Foot: $439
The sale of this retail property was facilitated by the brokers from Horvath & Tremblay, namely Matt Nadler, Robert Horvath, and Todd Tremblay. They were instrumental in managing the transaction and ensuring a successful deal for all parties involved.
Players
Hartford 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
2.61%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93