NAI James E. Hanson Represents Sale Of Industrial Asset At 50 Hollister Road For $4.15M
50 Hollister Road
$4,150,000
$283/SF
Building Size
14,664 SF
Asset Type
Industrial
Closing
Jan 16, 2026
AI
The property asset involved in this transaction is an industrial facility located at 50 Hollister Road in Teterboro. The sale price of the property was $4,150,000, covering a total area of 14,664 square feet, which translates to a price per square foot of $283.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,150,000
- Address: 50 Hollister Road
- Market: Teterboro
- Total Square Footage: 14,664
- Price Per Square Foot: $283
The deal was facilitated by brokers John Schilp, Andrew Somple, and Jessica Curry representing NAI James E. Hanson.
Players
Teterboro 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
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93