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2157 Route 31, Glen Gardner...

Nicholas DelGuidice Acquires Industrial Property In Glen Gardner, NJ For $1.21M
SOLDIndustrial

Nicholas DelGuidice Acquires Industrial Property In Glen Gardner, NJ For $1.21M

2157 Route 31, Glen Gardner, NJ, USA

$1,210,000

$189/SF

Building Size

6,400 SF

Asset Type

Industrial

Closing

May 12, 2021

AI

A industrial property located at 2157 U.S. Highway 31 in Glen Gardner, NJ has been sold for a price of $1,210,000. The sale took place on 05/13/2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,210,000

The buyer of the property is Nicholas DelGuidice, while the seller is Terminus Occidentalis. James Costanzo from Charity Realty International represented the buyer, and David Chippendale from Weichert Commercial Brokerage represented the seller in this transaction.

No additional information about the property or the individuals involved in the deal is available at this time.

Players

James Costanzo

Broker

$5.2M

vol

3 deals

Broker

Glen Gardner 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

13.11%

Cash-on-Cash

-3.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93