Updated Oct 29, 2024
89 Bayard LLC Acquires Development Site In New Brunswick For $1.44M
89-91 Bayard Street, New Brunswick, NJ, USA
$1,440,000
$29/SF
Building Size
49,000 SF
Asset Type
Development Site
Closing
Nov 4, 2020
About this deal
AI
A development site located at 89-91 Bayard Street in New Brunswick has been sold for $1,440,000. The property spans approximately 49,000 square feet, resulting in a price per square foot of $29. The transaction took place on November 5, 2020.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $1,440,000
- Address: 89-91 Bayard Street
- Market: New Brunswick
The buyer of the property was 89 Bayard LLC, while Rosta & Kollar acted as the seller. Jonathan Zamora, a broker from an undisclosed agency, represented both parties in the deal.
New Brunswick Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Jonathan Zamora to view all their deals.
Browse New Jersey development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93