Updated Dec 19, 2023
Jack Zakim Acquires Industrial Property In Hawthorne, NJ From Mark Weiss For $3.97M
297 Wagaraw Road, Hawthorne, New Jersey 07506, United States
$3,966,667
Building Size
—
Asset Type
Industrial
Closing
Mar 27, 2022
About this deal
AI
The industrial property located at 297 Wagaraw Rd in Hawthorne, NJ has been sold in a closed transaction. The property was acquired by Jack Zakim from the seller, Mark Weiss. The transaction took place on March 28, 2022 and the sale price was $3,966,667.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,966,667
- Address: 297 Wagaraw Rd, Hawthorne, NJ
- Buyer: Jack Zakim
- Seller: Mark Weiss
In this deal, Jack Zakim represented himself as the buyer, and Mark Weiss represented himself as the seller.
Players
Hawthorne Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.00%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93