Updated Sep 9, 2024
Hajrudin Dragovic Sells Retail Property In Stamford, CT For $2.2M With Lakeshore Realty As Seller's Broker
338 Old Long Ridge Road, Stamford, CT 06903, USA
$2,200,000
$164/SF
Building Size
13,409 SF
Asset Type
Retail
Closing
Sep 20, 2021
About this deal
AI
A retail property located at 2635 Long Ridge Road & 338 Old Long Ridge Road in Stamford, CT, was recently sold for $2,200,000. The property spans 13,409 square feet, resulting in a price per square foot of $164. The sale took place on September 20, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,200,000
- Address: 2635 Long Ridge Road & 338 Old Long Ridge Road, Stamford, CT
- Market: Stamford, CT
The seller of the property was Hajrudin Dragovic. The Lakeshore Realty team, consisting of Vasel Dedvukaj, Alban Dedvukaj, and Ilir Dedvukaj, represented both the seller and the buyer in this transaction. Lakeshore Realty specializes in investment opportunities in the NY, CT, and MA markets.
If you're interested in exploring additional investment opportunities in the NY, CT, and MA markets, feel free to reach out to @adedvukaj.
Players
Stamford 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93