Updated Dec 21, 2023
Jason A Rubin Acquires Industrial Property In Wayne, NJ From David I Landsberger For $5.35M
667 New Jersey Highway 23, Wayne, New Jersey 07470, United States
$5,350,000
Building Size
—
Asset Type
Industrial
Closing
Jan 30, 2022
About this deal
AI
The industrial property located at 667 Route 23 & 661 Route 23 in Wayne, NJ has been sold for a total price of $5,350,000. The transaction took place on January 31, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,350,000
Jason A Rubin was the buyer of the property, while David I Landsberger was the seller.
The industrial sale at 667 New Jersey Highway 23, Wayne, New Jersey 07470, United States in Wayne, New Jersey sold for $5.4M in 2022. 667 New Jersey Highway 23, Wayne, New Jersey 07470, United States is classified as Industrial on Traded. Named participants on the 667 New Jersey Highway 23, Wayne, New Jersey 07470, United States sale are Jason Rubin. This page is the Wayne, New Jersey file for the 667 New Jersey Highway 23, Wayne, New Jersey 07470, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Wayne sit in the Market section below. Filter that Wayne industrial set by closing date to see what else sold near 667 New Jersey Highway 23, Wayne, New Jersey 07470, United States around 2022. Published consideration for 667 New Jersey Highway 23, Wayne, New Jersey 07470, United States is $5.4M, dated 2022. Cite this Jason A Rubin Acquires Industrial Property In Wayne, NJ From David I Landsberger For $5.35M sale when underwriting similar industrial product around Wayne, New Jersey.
Players
Wayne 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93