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130 Grand St, Carlstadt, NJ...

Updated Oct 29, 2024

130 Grand St Industrial Property In Carlstadt Sold For $5.9M To 130 Grand St. Realty LLC With Brokers Jeff Volpi & Ron Sholom - Team Resources Inc
SOLDIndustrial

130 Grand St Industrial Property In Carlstadt Sold For $5.9M To 130 Grand St. Realty LLC With Brokers Jeff Volpi & Ron Sholom - Team Resources Inc

130 Grand St, Carlstadt, NJ, USA

$5,900,000

$184/SF

Building Size

32,000 SF

Asset Type

Industrial

Closing

Feb 28, 2021

About this deal

AI

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,900,000
  • Square footage: 32,000
  • Address: 130 Grand St, Carlstadt

The industrial sale at 130 Grand St, Carlstadt, NJ, USA in Carlstadt, New Jersey sold for $5.9M in 2021. The building is 32,000 square feet, implying about 184 per square foot on the published price. Ronald (Ron) Sholom, Jeff Volpi, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Carlstadt, New Jersey file for the 130 Grand St, Carlstadt, NJ, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Carlstadt sit in the Market section below. Filter that Carlstadt industrial set by closing date to see what else sold near 130 Grand St, Carlstadt, NJ, USA around 2021. Published consideration for 130 Grand St, Carlstadt, NJ, USA is $5.9M, dated 2021. Cite this 130 Grand St Industrial Property In Carlstadt Sold For $5.9M To 130 Grand St. Realty LLC With Brokers Jeff Volpi & Ron Sholom - Team Resources Inc sale when underwriting similar industrial product around Carlstadt, New Jersey.

Players

Jeff Volpi

Cushman & Wakefield

Broker

$65.9M

vol

7 deals

Broker

Carlstadt Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $184 per square foot on a published $5.9M for 32,000 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.69%

Cash-on-Cash

-0.77%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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