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Eastern Lift Truck Co Inc Purchases Industrial Asset From Robert Bob Snyder For $10.5M

Property Image
SOLD
$10,500,000
Kyle Gerace
Robert V. DiLeo
+ 1

New Jersey

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Industrial41,309 SF
Sold 12/17/2025
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Property Image
SOLD

Eastern Lift Truck Co Inc Purchases Industrial Asset From Robert Bob Snyder For $10.5M

281 Centennial Avenue

See Similar Deals
Industrial41,309 SF
Sold 12/17/2025
Kyle Gerace
Robert V. DiLeo
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$254
Total Square Footage:41,309 SF
Transaction Type:Sale

The industrial asset sold is located at 281 Centennial Avenue in Piscataway. The buyer of the property is Eastern Lift Truck Co, Inc., while the seller is Robert (Bob) Snyder from Binsky & Snyder. The sale was finalized for a total amount of $10,500,000, encompassing a total square footage of 41,309 square feet, which translates to a price per square foot of $254.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,500,000
  • Address: 281 Centennial Avenue
  • Market: Piscataway
  • Square Footage: 41,309
  • Price per Square Foot: $254
  • Buyer: Eastern Lift Truck Co, Inc.
  • Seller: Robert (Bob) Snyder - Binsky & Snyder
  • Brokers: Robert J. DiLeo, Robert V. DiLeo, Christopher Galiano & Kyle Gerace - NAI DiLeo-Bram & Co.

Representing the parties in this transaction are Robert J. DiLeo, Robert V. DiLeo, Christopher Galiano, and Kyle Gerace from NAI DiLeo-Bram & Co. They facilitated the sale between the buyer, Eastern Lift Truck Co, Inc., and the seller, Robert (Bob) Snyder of Binsky & Snyder.

Players

Christopher "Chris" Galiano
7 deals$78.3M volume
BROKER

Kyle Gerace
NAI Global
5 deals$48.9M volume
BROKER

Robert V. DiLeo
NAI Global
6 deals$47.9M volume(732) 985-3000
BROKER

Robert J. DiLeo
NAI Global
3 deals$30.9M volume(732) 985-3003
BROKER

Details

SOLD
IMAGE: Robert J. DiLeo, Robert V. DiLeo, Christopher Galiano & Kyle Gerace DATE: 12/17/2025 ADDRESS: 281 Centennial Avenue MARKET: Piscataway ASSET TYPE: Industrial BUYER: Eastern Lift Truck Co, Inc. SELLER:Robert (Bob) Snyder - Binsky & Snyder BROKERS: Robert J. DiLeo, Robert V. DiLeo, Christopher Galiano (@ChristopherGalianoRealEstate) & Kyle Gerace - NAI DiLeo-Bram & Co. SALE PRICE: $10,500,000 SF: 41,309 ~ PPSF: $254

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
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