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408-416 Central Avenue
SOLD

408 Central Ave LLC Acquires Industrial Property In University Heights, Newark NJ For $3,150,000

408-416 Central Avenue

Industrial
38,000 SF
clock iconSold 1 year ago
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Summary

Sale
NEW JERSEY
Industrial
38,000 sqft

The industrial property located at 408-416 Central Avenue in University Heights, Newark NJ has been sold in a recent transaction. The property spans an area of 38,000 square feet. The sale price for the property was $3,150,000, resulting in a price per square foot of $83.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,150,000
  • Date: 11/05/2021
  • Address: 408-416 Central Avenue, University Heights, Newark NJ
  • Market: University Heights, Newark NJ

The buyer, 408 Central Ave LLC, acquired the property from the seller, 408 Central Ave Trust. The deal was facilitated by Ryan Cerqueira from Quinas Real Estate, who represented the buyer in the transaction.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Ryan Cerqueira's profile picture
Ryan Cerqueira
The Quinas Companies-image
Associate
$30.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Ryan Cerqueira DATE: 11/05/2021 ADDRESS: 408-416 Central Avenue MARKET: University Heights, Newark NJ ASSET TYPE: Industrial BUYER: 408 Central Ave LLC SELLER: 408 Central Ave Trust BROKER: Ryan Cerqueira (@RyanCerqueira) - Quinas Real Estate (@TheQuinasCos) SALE PRICE: $3,150,000 SF: 38,000 ~ PPSF: $83

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Address408-416 Central Avenue

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