David & Celia Smouha Acquire Industrial Property In Carlstadt For $2.65M
SOLD
$2,650,000
New Jersey
See Similar DealsIndustrial15,480 SF
Sold 03/19/2021
SOLD
David & Celia Smouha Acquire Industrial Property In Carlstadt For $2.65M
338 13th Street, Carlstadt, NJ, USA
See Similar DealsIndustrial15,480 SF
Sold 03/19/2021
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$171
Total Square Footage:15,480 SF
Transaction Type:Sale
The industrial property located at 338-340 13th Street in Carlstadt was recently sold for $2,650,000. The transaction took place on March 19, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,650,000
- Square Footage: 15,480
- Price Per Square Foot: $171
- Address: 338-340 13th Street, Carlstadt
- Buyer: David & Celia Smouha
- Seller: Oscar Balloveras
- Brokers: Steven N. Muller & Maggie Abdo Manno
David and Celia Smouha were the buyers in this transaction, while Oscar Balloveras acted as the seller. The deal was facilitated by brokers Steven N. Muller and Maggie Abdo Manno.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$141,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22
Is there something missing? Send suggestions