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Berkshire Hathaway HomeServices Acquires Property At 655 Pennsylvania Ave. In Elizabeth For $2.9M

Property Image
SOLD
$2,900,000

New Jersey

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Industrial10,000 SF
Sold 05/16/2023
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Property Image
SOLD

Berkshire Hathaway HomeServices Acquires Property At 655 Pennsylvania Ave. In Elizabeth For $2.9M

655 Pennsylvania Ave, Elizabeth, NJ 07201, USA

See Similar Deals
Industrial10,000 SF
Sold 05/16/2023
Contact now

Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$290
Total Square Footage:10,000 SF
Transaction Type:Sale

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.

Players

Stephen (Steve) Tragash
9 deals$222.8M volume
BROKER

Details

SOLD
IMAGE: ADDRESS: 655 Pennsylvania Ave. in Elizabeth MARKET: ASSET TYPE: BUYER: SELLER: BUYER'S REP: SELLER'S REP: BROKERS: SALE PRICE: 2900000.0 UNITS: ~ PPU: Infinity$ SF: 0 PPSF: Infinity$ NOTE:

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
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