facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Industrial

/

Sale

/

493 Old Trenton Road

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

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

493 Old Trenton Road

$10,300,000

$187/SF

Building Size

55,010 SF

Asset Type

Industrial

Closing

Aug 30, 2024

AI

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

Broker

$1.2B

vol

44 deals

Broker

East Windsor Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.54%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93