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424 Russell Street

Arthur Pappas Of Keller Williams Realty Represents Buyer In Hadley Retail Sale For $4.13M
SOLDRetail

Arthur Pappas Of Keller Williams Realty Represents Buyer In Hadley Retail Sale For $4.13M

424 Russell Street

$4,134,400

$856/SF

Building Size

4,825 SF

Asset Type

Retail

Closing

Mar 5, 2026

AI

The property asset involved in the transaction is a retail space located at 424 Russell Street in Hadley, MA. The sale price amounted to $4,134,400 for a total of 4,825 square feet, resulting in a price per square foot of $856.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,134,400
  • Address: 424 Russell Street
  • Market: Hadley, MA
  • Square Footage: 4,825
  • Price Per Square Foot: $856
  • Buyer's Representative: Arthur Pappas - Keller Williams Realty
  • Seller's Representatives: Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia & Stewart Hickey - Surmount

The transaction features a notable representation from Surmount, along with their broker of record Bang Realty-New England, Inc, who represented the seller for ConvenientMD's 50th location situated minutes from Umass Amherst.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

Hadley 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

3.84%

Cash-on-Cash

-1.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93