IStar Realty LLC Acquires Property From Seller Represented By Matthew Weiss In Montville New Jersey
34 Maple Ave, Montville, NJ, 07058
Building Size
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Asset Type
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Closing
Nov 20, 2023
AI
The property involved in this transaction is located at 34 Maple Ave, Montville, NJ, 07058, within the Pine Brook market. The specifics of the sale transaction include a square footage of 0 and there is no sale price provided.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: Not disclosed
- Address: 34 Maple Ave, Montville, NJ, 07058
- Market: Pine Brook
- Seller's Representative: Matthew Weiss (Weiss Realty Co. Inc.)
- Buyer: iStar Realty LLC
- Seller: Not disclosed
The transaction involves Matthew Weiss representing the seller through Weiss Realty Co. Inc. while iStar Realty LLC acts as the buyer in this deal. The parties engaged in this transaction have distinct roles, with Weiss Realty Co. Inc. facilitating the sale on behalf of the unnamed seller.
Players
Pine Brook CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93