Updated Oct 28, 2024
1913 Realty Associates LLC Sells Industrial Property In Clifton To Buyer Andrew Somple - NAI James E. Hanson
27 Kingsland Avenue, Clifton, New Jersey 07014, United States
Building Size
132,135 SF
Asset Type
Industrial
Closing
Mar 2, 2022
About this deal
AI
The industrial property located at 65-75 & 125-127 Kingsland Ave in Clifton has been recently sold. The property spans an impressive 132,135 square feet and sits on 6.23 acres of land. This transaction took place on 03/03/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 65-75 & 125-127 Kingsland Ave, Clifton
- Market: Clifton
- Size: 132,135 square feet
- Acres: 6.23
The seller of this property is 1913 Realty Associates LLC. The broker responsible for this transaction is Andrew Somple from NAI James E. Hanson.
On the Map
Industrial
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Players
Clifton 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93