Updated Dec 19, 2023
Daud Ahmed & Ejaz Ahmed Acquire Industrial Property In East Brunswick, NJ For $1.8M
129 Fresh Ponds Rd, East Brunswick, NJ 08816, United States
$1,800,000
$344/SF
Building Size
5,226 SF
Asset Type
Industrial
Closing
Oct 6, 2022
About this deal
AI
The industrial property located at 129 Fresh Ponds Rd in East Brunswick, NJ was recently sold for $1,800,000. The property spans 5,226 square feet, resulting in a price per square foot of $344.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,800,000
- Address: 129 Fresh Ponds Rd, East Brunswick, NJ
- Market: East Brunswick, NJ
The buyers of the property are Daud Ahmed and Ejaz Ahmed, while the seller is William J Warren III.
The industrial sale at 129 Fresh Ponds Rd, East Brunswick, NJ 08816, United States in East Brunswick, New Jersey sold for $1.8M in 2022. The building is 5,226 square feet, implying about 344 per square foot on the published price. This page is the East Brunswick, New Jersey file for the 129 Fresh Ponds Rd, East Brunswick, NJ 08816, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same East Brunswick sit in the Market section below. Filter that East Brunswick industrial set by closing date to see what else sold near 129 Fresh Ponds Rd, East Brunswick, NJ 08816, United States around 2022. Published consideration for 129 Fresh Ponds Rd, East Brunswick, NJ 08816, United States is $1.8M, dated 2022. Cite this Daud Ahmed & Ejaz Ahmed Acquire Industrial Property In East Brunswick, NJ For $1.8M sale when underwriting similar industrial product around East Brunswick, New Jersey.
Players
East Brunswick 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93