27 Ridge Road Industrial Property Sold In Whitehouse Station For $3.9M
27 Ridge Road, Whitehouse Station, NJ, USA
$3,900,000
$88/SF
Building Size
44,300 SF
Asset Type
Industrial
Closing
Mar 10, 2021
AI
The industrial property located at 27 Ridge Road in Whitehouse Station has been sold for $3,900,000. The property spans across 44,300 square feet, resulting in a price per square foot of $88. The transaction took place on March 11, 2021, and was facilitated by Peter Wisniewski from Kislak Commercial Real Estate Services Inc.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,900,000
- Address: 27 Ridge Road, Whitehouse Station
- Market: Whitehouse Station
The buyer of the property is 27 Ridge Road LLC, while the seller is Palumbo Realty LLC, represented by Gary Palumbo. Peter Wisniewski from Kislak Commercial Real Estate Services Inc. acted as the broker in this transaction.
Players
Whitehouse Station 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
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93