Filler Capital Secures $15.1M Refinance Loan For 95,000 Square Foot Industrial Property In Carteret
100 Middlesex Avenue
$15,100,000
$158/SF
Building Size
95,000 SF
Asset Type
Industrial
Closing
Nov 13, 2025
AI
The property asset involved in the transaction is an industrial facility located at 100 Middlesex Avenue, Unit 4, Carteret, NJ 07008, encompassing a total square footage of 95,000. The transaction relates to a refinance loan amounting to $15,100,000, which signifies the financial arrangement undertaken for the property.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $15,100,000
- Loan Type: Refinance
- Lender: Provident Bank
- Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital
Key individuals involved in the transaction include Isaac Filler, Yossi Koschitzki, Michael Neumann, and the entire Filler Capital team, which also features Steve Edelstein, Moe Rosenblum, Shaya Hirtz, and Jordan Gellman. The transaction highlights Filler Capital’s capacity to secure advantageous loan terms through strategic negotiation and established lender relationships.
Players
Carteret Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.05%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93