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129 EFA, LLC Acquires Industrial Asset In Roselle, NJ From Nasbone Real Estate LLC For $1.165M

Property Image
SOLD
$1,165,000
Steve Jaynes
Jeffrey Goldfinger

New Jersey

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Industrial7,100 SF
Sold 07/12/2020
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Property Image
SOLD

129 EFA, LLC Acquires Industrial Asset In Roselle, NJ From Nasbone Real Estate LLC For $1.165M

129 East 1st Avenue, Roselle, NJ, USA

See Similar Deals
Industrial7,100 SF
Sold 07/12/2020
Steve Jaynes
Jeffrey Goldfinger
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$164
Total Square Footage:7,100 SF
Transaction Type:Sale

Located in Roselle, NJ, the industrial property located at 129 East First Avenue has been sold in a recent transaction. The sale, which took place on July 12, 2021, involved a total square footage of 7,100. The property was sold by Nasbone Real Estate LLC and purchased by 129 EFA, LLC for a price of $1,165,000, resulting in a price per square foot of $164.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,165,000
  • Address: 129 East First Avenue, Roselle, NJ
  • Market: Roselle, NJ

The deal was facilitated by the brokers Steve Jaynes and Jeffrey Goldfinger, representing Bussel Realty Corp. They played a crucial role in bringing together the buyer, 129 EFA, LLC, and the seller, Nasbone Real Estate LLC. Their expertise and negotiation skills helped in successfully closing the transaction.

Players

Steve Jaynes
Bussel Realty
Steve Jaynes
8 deals$18.5M volume
BROKER
Jeffrey Goldfinger
Bussel Realty
Jeffrey Goldfinger
4 deals$5.6M volume(908) 405-7447
BROKER

Details

SOLD
IMAGE: Steve Jaynes & Jeffrey Goldfinger DATE: 07/12/2021 ADDRESS: 129 East First Avenue MARKET: Roselle, NJ ASSET TYPE: Industrial BUYER: 129 EFA, LLC SELLER: Nasbone Real Estate LLC BROKERS: Steve Jaynes & Jeffrey Goldfinger - Bussel Realty Corp SALE PRICE: $1,165,000 SF: 7,100 ~ PPSF: $164

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,139.01
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