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82 Brighton Ave, Deal, NJ, USA

Updated Dec 20, 2023

Meyer Edery Real Estate Agency Inc. Sells Land On Brighton Ave, Deal, NJ For $5.2M
SOLD

Meyer Edery Real Estate Agency Inc. Sells Land On Brighton Ave, Deal, NJ For $5.2M

82 Brighton Ave, Deal, NJ, USA

$5,200,000

$128/SF

Building Size

40,502 SF

Asset Type

Closing

Jun 17, 2021

About this deal

AI

The property involved in this transaction is a land located at 82 Brighton Ave in Deal, NJ. The sale took place on 06/18/2021, with the buyer purchasing the land for a total of $5,200,000. No additional information about the characteristics or market value of the land is available.

Summary of transation details

Meyer Edery from Meyer Edery Real Estate Agency INC. represented the buyer or seller in this deal, acting as their broker. No additional information about the individuals or companies involved in the transaction is available.

Players

Meyer Edery

Broker

$10.8M

vol

3 deals

Broker

Deal CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $128 per square foot on a published $5.2M for 40,502 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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