Updated Dec 21, 2023
Kislak Brokers Facilitate $2.1M Industrial Sale Of 154-162 Pine St. In Montclair
154-162 Pine Street, Montclair, New Jersey 07042, United States
$2,100,000
$150/SF
Building Size
14,000 SF
Asset Type
Industrial
Closing
Jan 18, 2022
About this deal
AI
The industrial property located at 154-162 Pine Street in Montclair has been sold for a price of $2,100,000. The property spans 14,000 square feet, resulting in a price per square foot of $150.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,100,000
- Address: 154-162 Pine Street
- Market: Montclair
- Square Footage: 14,000
- Price per Square Foot: $150
The sale was facilitated by the brokers Peter Wisniewski and Stephen Gianis from Kislak.
The industrial sale at 154-162 Pine Street, Montclair, New Jersey 07042, United States in Montclair, New Jersey sold for $2.1M in 2022. The building is 14,000 square feet, implying about 150 per square foot on the published price. Stephen Gianis, Peter Wisniewski, Kislak appear on the sale alongside Kislak. This page is the Montclair, New Jersey file for the 154-162 Pine Street, Montclair, New Jersey 07042, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Montclair sit in the Market section below. Filter that Montclair industrial set by closing date to see what else sold near 154-162 Pine Street, Montclair, New Jersey 07042, United States around 2022. Published consideration for 154-162 Pine Street, Montclair, New Jersey 07042, United States is $2.1M, dated 2022. Cite this Kislak Brokers Facilitate $2.1M Industrial Sale Of 154-162 Pine St. In Montclair sale when underwriting similar industrial product around Montclair, New Jersey.
Players
Montclair Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Stephen Gianis to view all their deals.
Browse New Jersey industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93