Updated Sep 30, 2025
Brookfield Acquires Industrial Property In Mahwah, NJ For $16.65M
10 Industrial Avenue, Mahwah, New Jersey 07430, United States
$16,650,000
$181/SF
Building Size
92,000 SF
Asset Type
Industrial
Closing
Dec 30, 2021
About this deal
AI
An industrial property located at 10 Industrial Ave in Mahwah, NJ has been sold for a total price of $16,650,000. The property spans across 92,000 square feet, resulting in a price per square foot of $181. The sale took place on December 30, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $16,650,000
The buyer of the property is Brookfield, while the seller is Howard Wasserman. Representing the deal were Isaac Setton and Bunny Escava from Kassin Sabbagh Realty.
Players
Mahwah Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93