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Salvatore Frassetto, Peter Feldman And Roy Pascal Acquire 611 Union Boulevard In Totowa
SOLD
New Jersey
See Similar DealsIndustrial26,630 SF
Sold 02/19/2026
SOLD
Salvatore Frassetto, Peter Feldman And Roy Pascal Acquire 611 Union Boulevard In Totowa
611 Union Boulevard
See Similar DealsIndustrial26,630 SF
Sold 02/19/2026
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:26,630 SF
Transaction Type:Sale
611 Union Boulevard is a 26,630-square-foot industrial property located in the Totowa market, situated on a 1.05-acre lot. This sale was completed on February 19, 2026.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 611 Union Boulevard
- Market: Totowa
- Buyer: Salvatore Frassetto & Peter Feldman - Legacy Real Estate Developers; Roy Pascal - Commerce Park Investors
- Broker: Howard Weinberg - JLL
Legacy Real Estate Developers and Commerce Park Investors plan to redevelop the acquired property into mixed-use industrial, flex, and retail space. This transaction marks the fourth joint venture between the Miami-based Legacy and the East Hanover-based Commerce Park Investors.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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