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Brian Danahy Of Stonemont Financial Acquires Industrial Asset In East Windsor For $10.3M

Property Image
SOLD
$10,300,000
Shaya Nisnevitz
Ricky Ades
Bunny Escava
+ 1

New Jersey

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Industrial55,010 SF
Sold
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Property Image
SOLD

Brian Danahy Of Stonemont Financial Acquires Industrial Asset In East Windsor For $10.3M

493 Old Trenton Road

See Similar Deals
Industrial55,010 SF
Sold
Shaya Nisnevitz
Ricky Ades
Bunny Escava
+ 1
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$187
Total Square Footage:55010 SF
Transaction Type:Sale

The industrial property located at 493 Old Trenton Road in East Windsor, NJ, has been sold for $10,300,000. The asset spans a total of 55,010 square feet, resulting in a price per square foot of $187.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,300,000
  • Sale Date: 08/30/2024
  • Buyer: Brian Danahy - Stonemont Financial
  • Seller: Medschenker - Sean Yeom
  • Brokers: Isaac R. Setton, Bunny Escava, Richard Ades & Shaya Nisnevitz - KSR

The transaction involved key representatives from both the buying and selling sides, with Brian Danahy acting on behalf of Stonemont Financial, and Sean Yeom representing Medschenker. The brokerage team from KSR played a vital role in facilitating the deal, consisting of Isaac R. Setton, Bunny Escava, Richard Ades, and Shaya Nisnevitz.

Players

Bunny Escava
Kassin Sabbagh Realty
Bunny Escava
41 deals$1.1B volume(917) 886-7545
BROKER
Isaac R. Setton
Kassin Sabbagh Realty
Isaac R. Setton
27 deals$642M volume
BROKER
Ricky Ades
Kassin Sabbagh Realty
Ricky Ades
2 deals$35.8M volume
BROKER
Shaya Nisnevitz
Kassin Sabbagh Realty
Shaya Nisnevitz
9 deals$87.2M volume
BROKER

Details

SOLD
IMAGE: Isaac R. Setton, Brian Danahy, Shaya Nisnevitz & Richard Ades DATE: 08/30/2024 ADDRESS: 493 Old Trenton Road MARKET: East Windsor, NJ ASSET TYPE: Industrial BUYER: Brian Danahy (@BDanahy92) - Stonemont Financial SELLER: Medschenker - Sean Yeom BROKERS: Isaac R. Setton (@IsaacRSetton), Bunny Escava (@Bunnnyyy), Richard Ades (@RickyAdes1) & Shaya Nisnevitz (@Shaya_Nisnevich) - KSR (@Kassin_Sabbagh_Realty) SALE PRICE: $10,300,000 SF: 55,010 ~ PPSF: $187

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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