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New York Real Estate Investment Company Acquires Fully-Leased Retail Building In Westport, CT For $2.05M

Property Image
SOLD
$2,050,000

Connecticut

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Retail3,254 SF
Sold 04/28/2023
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Property Image
SOLD

New York Real Estate Investment Company Acquires Fully-Leased Retail Building In Westport, CT For $2.05M

26 Main St

See Similar Deals
Retail3,254 SF
Sold 04/28/2023
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Summary

CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$630
Total Square Footage:3,254 SF
Transaction Type:Sale

The fully-leased retail property located at 26 Main St in Westport, CT has been sold for $2.05 million. The building spans 3,254 square feet and has a price per square foot of $630. This transaction was finalized by Franco Fellah - HK Group, who represented a New York real estate investment company in the sale. The property is currently occupied by American Eagle Outfitters.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $2,050,000
  • Square Footage: 3,254
  • Price per Square Foot: $630
  • Address: 26 Main St, Westport, CT
  • Market: Westport, CT
  • Broker: Franco Fellah - HK Group

HK Group's executive VP, Franco Fellah, played a crucial role in finalizing this sale. By successfully representing the New York real estate investment company, Fellah ensured a smooth transaction for both parties involved. The fully-leased building provided a promising investment opportunity, and the buyer recognized its potential value in the Westport market.

Players

3 deals$21.8M volume
BROKER

Details

SOLD
IMAGE: Franco Fellah DATE: 04/28/2023 ADDRESS: 26 Main St MARKET: Westport, CT ASSET TYPE: Retail BROKER: Franco Fellah - HK Group SALE PRICE: $2,050,000 SF: 3,254 ~ PPSF: $630 NOTE: HK Group's executive VP, Franco Fellah, has finalized the sale of the fully-leased 3,254 s/f building located at 26 Main St. The building, which is currently occupied by American Eagle Outfitters, was sold for $2.05 million to a New York real estate investment company.

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