Updated Dec 21, 2023
The Boniakowski Commercial Real Estate Group Brokers $1.7M Industrial Sale In Middlesex Borough, NJ
201 Pond Avenue, Middlesex, NJ, USA
$1,700,000
$101/SF
Building Size
16,700 SF
Asset Type
Industrial
Closing
Sep 28, 2021
About this deal
AI
An industrial property located at 201 Pond Ave in Middlesex Borough, NJ has been sold in a recent transaction. The sale was facilitated by Todd Gannet of The Boniakowski Commercial Real Estate Group.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,700,000
- Address: 201 Pond Ave, Middlesex Borough, NJ
- Market: Middlesex Borough, NJ
Todd Gannet of The Boniakowski Commercial Real Estate Group played a key role as the broker in this transaction.
The industrial sale at 201 Pond Avenue, Middlesex, NJ, USA in Middlesex, New Jersey sold for $1.7M in 2021. The building is 16,700 square feet, implying about 101 per square foot on the published price. Named participants on the 201 Pond Avenue, Middlesex, NJ, USA sale are Todd Gannet. This page is the Middlesex, New Jersey file for the 201 Pond Avenue, Middlesex, NJ, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Middlesex sit in the Market section below. Filter that Middlesex industrial set by closing date to see what else sold near 201 Pond Avenue, Middlesex, NJ, USA around 2021. Published consideration for 201 Pond Avenue, Middlesex, NJ, USA is $1.7M, dated 2021. Cite this The Boniakowski Commercial Real Estate Group Brokers $1.7M Industrial Sale In Middlesex Borough, NJ sale when underwriting similar industrial product around Middlesex, New Jersey.
Players
Middlesex 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93