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217 Us Route 46

Sam Roney Acquires Industrial Property In Saddle Brook For $3.05M With Jonathan Kristofich & Ayush Patel As Buyer's Reps
SOLDIndustrial

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

Bruce Elia

Keller Williams Realty

Broker

$16.9M

vol

6 deals

Broker
KW Commercial
KW CommercialBrokerage

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