facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Industrial

/

Sale

/

1885 Swarthmore Avenue

1885 Swarthmore Acquires Industrial Property In Lakewood For $7.15M With Broker Dave Lunczer
SOLDIndustrial

1885 Swarthmore Acquires Industrial Property In Lakewood For $7.15M With Broker Dave Lunczer

1885 Swarthmore Avenue

$7,150,000

$216/SF

Building Size

33,000 SF

Asset Type

Industrial

Closing

Dec 31, 2025

AI

The industrial property located at 1885 Swarthmore Avenue in Lakewood features a substantial space of 33,000 square feet. The property was sold for a price of $7,150,000, which translates to a price per square foot of $216.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,150,000
  • Address: 1885 Swarthmore Avenue
  • Market: Lakewood
  • Buyer: 1885 Swarthmore
  • Seller: Swarthmore Ot1 LLC
  • Broker: Dave Lunczer - Keller Williams Realty
  • Square Footage: 33,000
  • Price Per Square Foot: $216

The transaction was facilitated by broker Dave Lunczer, representing Keller Williams Realty. The buyer has expressed interest in acquiring similar properties and is open to inquiries regarding space for lease.

Players

Dave Lunczer

Keller Williams Realty

Broker

$7.2M

vol

1 deal

Broker

Lakewood 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

2.22%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93