Friends Center For Children Acquires Special Purpose Property On Flint Street In New Haven For $1.3M
25 Flint Street
$1,300,000
$149/SF
Building Size
8,680 SF
Asset Type
Special Purpose
Closing
Aug 8, 2022
AI
The special purpose property located at 25 Flint Street in New Haven, CT was recently sold. The transaction took place on August 8, 2022, and the buyer of the property was Friends Center for Children. The seller in this deal was Soffer & Associates. Richard P. Ballou from Houlihan Lawrence represented the buyer as the broker in this transaction.
Summary of transaction details
- Property Type: Special Purpose
- Sale Price: $1,300,000
- Square Footage: 8,680
- Price per Square Foot: $150
- Address: 25 Flint Street, New Haven, CT
- Market: New Haven, CT
This transaction involved the sale of a special purpose property with a total square footage of 8,680 and a sale price of $1,300,000. The property is located at 25 Flint Street in New Haven, CT, and was sold to Friends Center for Children. Soffer & Associates acted as the seller in this deal. Richard P. Ballou from Houlihan Lawrence represented Friends Center for Children as their broker.
New Haven Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93