Updated Jul 29, 2026
Joshua Levy Of Levy Legacy Group Acquires Retail Center In West Hartford For $7.42M
176 Newington Road
$7,420,000
$89/SF
Building Size
82,738 SF
Asset Type
Retail
Closing
Jul 27, 2026
About this deal
AI
The retail asset sold is located at 176 Newington Road in West Hartford, Connecticut. The transaction involved a sale price of $7,420,000. The asset encompasses a total square footage of 82,738, resulting in a price per square foot of $90.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $7,420,000
- Buyer: Joshua Levy - Levy Legacy Group
- Market: West Hartford, CT
- Square Footage: 82,738
- Price Per Square Foot: $90
This acquisition marks the initial investment for Levy Legacy Group, which partnered with Hajjar Management in the transaction of the Stop & Shop-anchored retail center.
On the Map
$7,420,000
$89/SF
Retail
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Newington 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
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93