Updated Dec 20, 2023
Team Resources Inc. Sells Industrial Property In Elizabeth For $2.15M
419 Trumbull St, Elizabeth, NJ 07206, USA
$2,150,000
$132/SF
Building Size
16,200 SF
Asset Type
Industrial
Closing
Sep 17, 2020
About this deal
AI
A industrial property located at 419 Trumbull Street in Elizabeth was recently sold for a price of $2,150,000. The property spans across an area of 16,200 square feet, resulting in a price per square foot of $133. This transaction took place on September 18, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,150,000
- Address: 419 Trumbull Street
The sale of this industrial property was facilitated by Greg Sholom and David Cantor from Team Resources Inc. They acted as the brokers for this deal.
Players
Elizabeth 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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93