Hackensack Packaging Solutions Leases 11015 Square Feet At 24 East Wesley Street In South Hackensack
24 East Wesley Street
Building Size
11,015 SF
Asset Type
Industrial
Closing
Jul 24, 2025
AI
The property involved in this transaction is an industrial building located at 24 East Wesley Street in South Hackensack. The building spans an area of 11,015 square feet and was built in 1967. It features 14-foot clear heights and has been fully leased.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 24 East Wesley Street
- Market: South Hackensack
- Landlord: David Sanzari - Alfred Sanzari Enterprises
- Tenant: Hackensack Packaging Solutions
- Brokers: Christopher DeLorenzo & Carolina Gutierrez - Alfred Sanzari Enterprises
Hackensack Packaging Solutions signed a lease for the property, negotiating terms through the brokers representing the landlord, Alfred Sanzari Enterprises, led by Christopher DeLorenzo and Carolina Gutierrez.
Players
South Hackensack Industrial Market Snapshot
Boundary boundary · Industrial · Lease 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