Updated Oct 28, 2024
Sai Real Estate Holdings LLC Acquires North Brunswick Warehouse/Industrial For $3.8M
1453 Jersey Ave, North Brunswick Township, NJ, USA
$3,800,000
$203/SF
Building Size
18,675 SF
Asset Type
Industrial
Closing
Aug 2, 2021
About this deal
AI
The sale of a warehouse/industrial property in North Brunswick has been successfully completed. The property, located at 1453 Jersey Ave, was sold for a total of $3,800,000. The transaction involved a total area of 18,675 square feet, resulting in a price per square foot of $203.
Summary of transaction details
- Property Type: Warehouse/Industrial
- Transaction Amount: $3,800,000
- Address: 1453 Jersey Ave
- Market: North Brunswick
- Buyer: Sai Real Estate Holdings LLC
- Seller: Louis A. Garlatti Jr.
- Size: 18,675 square feet
- Price per Square Foot: $203
Sai Real Estate Holdings LLC acquired the property from Louis A. Garlatti Jr. in this successful transaction. The deal was brokered by Sai Real Estate Holdings LLC's representative.
Players
North 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93