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518 Salmon Brook Street, Gr...

Updated Dec 19, 2023

Lani-Liu Helisch Acquires Retail Property In Granby, CT For $795,000
SOLDRetail

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

About this deal

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.

On the Map

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$795,000

$55/SF

Retail

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Players

Frank Greco

Broker

$1.5M

vol

3 deals

Broker

Granby Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $55 per square foot on a published $795K for 14,454 square feet (2021).

Visit Michael "Mike" Boyarsky to view all their deals.

Browse Connecticut retail sales on Traded.

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

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