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495 Union Street, Waterbury...

Updated Dec 21, 2023

Mathew Adler And Coley Cannon Of Newmark Facilitate The Sale Of 204K SF Retail Property In Waterbury, CT
SOLDRetail

Mathew Adler And Coley Cannon Of Newmark Facilitate The Sale Of 204K SF Retail Property In Waterbury, CT

495 Union Street, Waterbury, Connecticut 06706, United States

Building Size

204,447 SF

Asset Type

Retail

Closing

Apr 27, 2022

About this deal

AI

495 Union St, Waterbury, CT has been sold in a recent transaction. The property is a retail space with a total area of 204,447 square feet. The sale took place on April 28, 2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Address: 495 Union St, Waterbury, CT
  • Market: Waterbury, CT
  • Image: Mathew Adler
  • Brokers: Mathew Adler & Coley Cannon - Newmark

The sale of 495 Union St was facilitated by brokers Mathew Adler and Coley Cannon from Newmark. They represented the respective parties involved in the transaction. No further details about the sale price or additional terms were provided.

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Players

Mathew Adler

Newmark

Broker

$519.1M

vol

7 deals

Broker

Waterbury 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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