UniPro International Uniforms Acquires Industrial Property In Hillside For $30M
1319 North Broad Street, Hillside, New Jersey 07205, United States
$30,000,000
$144,927/SF
Building Size
207 SF
Asset Type
Industrial
Closing
Nov 22, 2022
AI
The industrial property located at 1319 N. Broad St in Hillside has been sold in a closed transaction. The property spans an area of 4.4 acres and is a key asset in the market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $30,000,000
- Square Footage: 207,000
- Price per Square Foot: $145
- Address: 1319 N. Broad St, Hillside
The buyer of the property is UniPro International Uniforms, while Sam Kirschenbaum - AH Realty Associates acted as the seller. Ken Rubin from Rubin Realty represented the buyer, UniPro International Uniforms, in the transaction. On the other hand, David Zimmel from Zimmel Associates acted as the seller's representative.
Players
Hillside Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93