Lani-Liu Helisch Acquires Retail Property In Granby, CT For $795,000
518 Salmon Brook Street, Granby, CT 06035, USA
$795,000
$55/SF
Building Size
14,454 SF
Asset Type
Retail
Closing
Jul 30, 2021
AI
The retail property located at 518 Salmon Brook Street in Granby, CT was recently sold for a price of $795,000. The property spans a total area of 14,454 square feet, resulting in a price per square foot of $55. The sale transaction took place on July 30, 2021, with Peter Kanaras acting as the seller and Lani-Liu Helisch as the buyer.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $795,000
- Date: 07/30/2021
- Address: 518 Salmon Brook Street
- Market: Granby, CT
- Seller: Peter Kanaras
- Buyer: Lani-Liu Helisch
- Brokers: Frank Greco IV & Mike Boyarsky - SullivanHayes Northeast
- Square Footage: 14,454
- Price per Square Foot: $55
Frank Greco IV and Mike Boyarsky from SullivanHayes Northeast represented the buyer and seller, respectively, in this transaction.
Players
Granby 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
19.95%
Cash-on-Cash
-5.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93