Updated Oct 28, 2024
962-964 Chapel St Retail Property In New Haven, CT Sells For $2.8M
962 Chapel St, New Haven, Connecticut 06510, United States
$2,800,000
$252/SF
Building Size
11,111 SF
Asset Type
Retail
Closing
Feb 3, 2022
About this deal
AI
Located at 962-964 Chapel St in New Haven, CT, this retail property was recently sold in a closed transaction. The transaction took place on 02/04/2022 and was captured in an image by Stephen Press.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,800,000
- Square Footage: 11,111
- Price Per Square Foot: $252
- Address: 962-964 Chapel St, New Haven, CT
- Market: New Haven, CT
The buyer in this transaction was 962-964 Chapel Street, LLC represented by Alexander Clark. The seller was George Zdru. Stephen Press of Press/Cuozzo Realtors acted as the broker in the deal.
Players
New Haven 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93