Updated Sep 11, 2026
Rolando Cribeiro Acquires Industrial Property In West Orange For $6.7M
10 Park Avenue
$6,700,000
$159/SF
Building Size
42,000 SF
Asset Type
Industrial
Closing
Sep 26, 2023
About this deal
AI
An industrial property located at 10 Park Avenue in West Orange, NJ has been sold for a total of $6,700,000. The property spans 42,000 square feet and was sold at a price per square foot of $160.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,700,000
- Address: 10 Park Avenue, West Orange, NJ
- Square Footage: 42,000
- Price per Square Foot: $160
Rolando Cribeiro has acquired the property from Eric Mautner. The transaction was facilitated by the Cushman & Wakefield team, including brokers Jonathan Squires, Joshua Neustadter, Austin Weiner, Josh Kleinberg, Jordan Sobel, and Andrew Schwartz.
On the Map
$6,700,000
$159/SF
Industrial
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Players
West Orange 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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93