Berkshire Hathaway HomeServices Acquires Property At 655 Pennsylvania Ave. In Elizabeth For $2.9M
655 Pennsylvania Ave, Elizabeth, NJ 07201, USA
$2,900,000
$290/SF
Building Size
10,000 SF
Asset Type
Industrial
Closing
May 15, 2023
AI
655 Pennsylvania Ave. in Elizabeth has been sold for a price of $2,900,000. The property consists of an unknown number of units, with an undisclosed square footage. The price per unit and price per square foot are both listed as Infinity.
Summary of transaction details
- Property Type: Not specified
- Transaction Amount: $2,900,000
- Units: Not specified
- Price per Unit: Infinity
- Square Footage: 0
- Price per Square Foot: Infinity
Unfortunately, there is no additional information available about the buyer, seller, buyer's representative, seller's representative, or any brokers involved in the transaction.
New York 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93