Updated Dec 4, 2024
Miryam Saleh Acquires Industrial Property At 3740 Fruitland Avenue In Maywood For $3.85M
3740 Fruitland Avenue
$3,850,000
$209/SF
Building Size
18,350 SF
Asset Type
Industrial
Closing
Aug 16, 2024
About this deal
AI
The industrial property located at 3740 Fruitland Avenue in Maywood has a sale price of $3,850,000. The total square footage of the asset is 18,350, which translates to a price per square foot of $209.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,850,000
- Address: 3740 Fruitland Avenue
- Market: Maywood
- Square Footage: 18,350
- Price Per Square Foot: $209
- Buyer: Miryam Saleh
- Seller: Shaoul Levy
- Seller's Representative: Jared Swedelson & Rose O'Sullivan - NAI Global
The transaction was facilitated by Jared Swedelson and Rose O'Sullivan, who represent the seller Shaoul Levy through NAI Global. The sale adds to the portfolio of Miryam Saleh as the buyer within the industrial real estate market in Maywood.
On the Map
$3,850,000
$209/SF
Industrial
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Players
Maywood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93