Updated Sep 9, 2024
Lifestyle International Realty Represents Buyer In $1.2M North Arlington Industrial Sale
470 Belleville Turnpike North Arlington, NJ 07031, USA
$1,195,000
$169/SF
Building Size
7,058 SF
Asset Type
Industrial
Closing
Jun 15, 2023
About this deal
AI
Located at 470 Belleville Turnpike in North Arlington, this industrial property was recently sold in a closed transaction. The property spans 7,058 square feet and was sold for a price of $1,195,000, resulting in a price per square foot of $169.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $1,195,000
- Square Footage: 7,058
- Price per Square Foot: $169
- Address: 470 Belleville Turnpike, North Arlington
The seller of the property was Paul Saracino. Liliam Nunez, representing Lifestyle International Realty, acted as the buyer's representative in this transaction.
New Jersey 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
13.27%
Cash-on-Cash
-3.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93