2920 Ridgeway Road Retail Sold For $1.997M With Brokers Anthony Bird Richard Nardi Anthony D'Ambrosia
2920 Ridgeway Road
$1,997,661
$221/SF
Building Size
9,026 SF
Asset Type
Retail
Closing
Apr 20, 2025
AI
The property asset involved in this transaction is a retail space located at 2920 Ridgeway Road in Manchester. The sale price was $1,997,661 for a total square footage of 9,026, which translates to a price per square foot of $221.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,997,661
- Square Footage: 9,026
- Price per Square Foot: $221
- Address: 2920 Ridgeway Road
- Market: Manchester
The brokers involved in this transaction were Anthony Bird, Richard Nardi, and Anthony D'Ambrosia representing Surmount. The property was sold for a price above the original listing.
Players
Manchester 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
7.94%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93