Updated Sep 10, 2026
East Greenwich Retail Property Sold For $4.6M With Brokers Eric Suffoletto & Danny Griffin
1225 Division Street
$4,602,687
$885/SF
Building Size
5,200 SF
Asset Type
Retail
Closing
Aug 31, 2026
About this deal
AI
The retail asset located at 1225 Division Street in East Greenwich, RI has a sale price of $4,602,687. The property encompasses a total of 5,200 square feet, amounting to a price per square foot of $885.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,602,687
- Square Footage: 5,200
- Price Per Square Foot: $885
- Address: 1225 Division Street
- Market: East Greenwich, RI
- Brokers: Eric Suffoletto & Danny Griffin - Atlantic Retail
Eric Suffoletto and Danny Griffin, representing the Atlantic Retail agency, facilitated the transaction for the retail asset. Their roles were essential in navigating the complexities involved in this property deal.
Players
East Greenwich 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
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93