Sam Roney Acquires Industrial Property In Saddle Brook For $3.05M With Jonathan Kristofich & Ayush Patel As Buyer's Reps
217 Us Route 46
$3,050,000
$213/SF
Building Size
14,320 SF
Asset Type
Industrial
Closing
Oct 2, 2025
AI
The property involved in this transaction is an industrial asset located at 217 US Route 46 in Saddle Brook. The sale was concluded for $3,050,000, encompassing a total area of 14,320 square feet, which translates to a price per square foot of $212.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,050,000
- Square Footage: 14,320
- Price Per Square Foot: $212
- Buyer: Sam Roney
- Seller: Robert C. Bianco & Edwin Argenziano
- Buyer's Representative: Jonathan Kristofich & Ayush Patel - NAI James E. Hanson
- Seller's Representative: Bruce Elia - KW Commercial & Gary Vinci - Coldwell Banker
The deal was facilitated by key representatives, with Jonathan Kristofich and Ayush Patel representing the buyer. On the seller's side, Bruce Elia and Gary Vinci served as the representatives, ensuring a smooth transaction process between the involved parties.
Players
Saddle Brook 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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93