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StageOne Acquires Industrial Property In Passaic For $2.125M With Listing Agent Roman Drukarov

Property Image
SOLD
$2,125,000

New Jersey

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Industrial21,000 SF
Sold 03/17/2021
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Property Image
SOLD

StageOne Acquires Industrial Property In Passaic For $2.125M With Listing Agent Roman Drukarov

2-6 Aspen Pl, Passaic, NJ, USA

See Similar Deals
Industrial21,000 SF
Sold 03/17/2021
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$101
Total Square Footage:21,000 SF
Transaction Type:Sale

Located at 2-6 Aspen Pl in Passaic, this industrial property recently changed hands in a sale transaction. The asset spans 21,000 square feet and is situated in the Passaic market. The property was sold by Black Diamond Development to StageOne, with the deal facilitated by Roman Drukarov, who served as the listing agent. The asking price for the property was $2,100,000, and it was ultimately sold for $2,125,000, resulting in a price per square foot of $101.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,125,000
  • Address: 2-6 Aspen Pl
  • Market: Passaic
  • Buyer: StageOne
  • Seller: Black Diamond Development
  • Broker: Roman Drukarov - Listing agent

This successful transaction highlights the active industrial real estate market in Passaic. It demonstrates the demand for industrial properties in the area, as well as the effectiveness of Roman Drukarov as a listing agent.

Players

Roman Drukarov
8 deals$22.5M volume
BROKER

SELLER

Details

SOLD
IMAGE: Roman Drukarov DATE: 03/18/2021 ADDRESS: 2-6 Aspen Pl MARKET: Passaic ASSET TYPE: Industrial BUYER: StageOne SELLER: Black Diamond Development BROKERS: Roman Drukarov @romandrukarov_realtor & Lipa Goldman ASKING PRICE: $2,100,000 SALE PRICE: $2,125,000 SF: 21,000 ~ PPSF: $101 NOTE: Roman Drukarov is the listing agent

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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