Broadpeak Properties, LLC Acquires Retail Property On Dixwell Avenue In Hamden, CT For $1.7M
1890 Dixwell Avenue & 1916 Dixwell Avenue
$1,700,000
$24/SF
Building Size
70,710 SF
Asset Type
Retail
Closing
Nov 6, 2023
AI
Marcus & Millichap has announced the sale of a retail property located at 1890-1916 Dixwell Avenue in Hamden, Connecticut. The property was sold for $1.7 million.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,700,000
- Address: 1890-1916 Dixwell Avenue
- Market: Hamden, CT
- Square Footage: 35,355
- Price per Square Foot: $48
The buyer of the property is Broadpeak Properties, LLC. The transaction was facilitated by Adam Sklaver, Maria DeAngelis, Philip Kates, Ross Friedel, Eric Pentore & Westley Klockner of Marcus & Millichap.
Players
Hamden 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93