facebook
Traded Co logo
Submit

Friends Center For Children Acquires Special Purpose Property On Flint Street In New Haven For $1.3M

Property Image
SOLD
$1,300,000

Connecticut

See Similar Deals
Special Purpose8,680 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Friends Center For Children Acquires Special Purpose Property On Flint Street In New Haven For $1.3M

25 Flint Street

See Similar Deals
Special Purpose8,680 SF
Sold
Contact now

Summary

CONNECTICUT
Asset Type:Special Purpose
Price Per Square Foot:$149
Total Square Footage:8680 SF
Transaction Type:Sale

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.

Players

Richard P. Ballou
1 deal$1.3M volume(203) 823-5509
BROKER

Details

SOLD
IMAGE: Richard P. Ballou DATE: 08/08/2022 ADDRESS: 25 Flint Street MARKET: New Haven, CT ASSET TYPE: Special Purpose BUYER: Friends Center for Children SELLER: Soffer & Associates BROKER: Richard P. Ballou (@PendletonBallou) - Houlihan Lawrence SALE PRICE: $1,300,000 SF: 8,680 ~ PPSF: $150

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96