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
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