Updated Dec 21, 2023
Jennifer Ciccarella Acquires Industrial Property In Little Falls, NJ For $1.95M
4 Peckman Road, Little Falls, New Jersey 07424, United States
$1,950,000
Building Size
—
Asset Type
Industrial
Closing
Jan 26, 2022
About this deal
AI
Located at 4 Peckman Rd in Little Falls, NJ, this industrial property was recently sold for $1,950,000. The property offers an ideal location for industrial operations in a bustling market.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,950,000
- Address: 4 Peckman Rd, Little Falls, NJ
- Market: Little Falls, NJ
The buyer, Jennifer Ciccarella, successfully acquired the property from the sellers, Armand C Hilaire, Daniel M Pagano, and Daniel Pagano. Through this transaction, Ciccarella gains ownership of a valuable industrial asset, positioning her for potential future growth and success in the local market.
Players
Little Falls 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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93