Updated Dec 19, 2023
Striker Realty Acquires Development Site In North Caldwell Boro, NJ For $1.425M
68-72 Grandview Place, North Caldwell, NJ, USA
$1,425,000
$12/SF
Building Size
113,691 SF
Asset Type
Development Site
Closing
Apr 27, 2021
About this deal
AI
A development site located at 68-72 Grandview Ave in North Caldwell Boro, NJ, was recently sold for $1,425,000 on 04/28/2021. The property was represented by Karen Treacy from Striker Realty and Rosalie Catanzarite from Lattimer Realty.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $1,425,000
- Address: 68-72 Grandview Ave, North Caldwell Boro, NJ
- Market: North Caldwell Boro, NJ
This transaction involved the sale of a development site in North Caldwell Boro, NJ. Karen Treacy from Striker Realty represented the buyer, while Rosalie Catanzarite from Lattimer Realty represented the seller.
Players
Caldwell Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93