Updated May 12, 2025
Jon Dario Acquires $1.9M Industrial Property In Newark, NJ From Cecilia Zalkind
7 Bleeker Street, Newark, New Jersey 07102, United States
$1,913,300
Building Size
—
Asset Type
Industrial
Closing
Feb 22, 2022
About this deal
AI
The asset involved in this transaction is an industrial property located at 7 Bleeker St, Newark, NJ. The sale was finalized on February 23, 2022, for a price of $1,913,300.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,913,300
- Buyer: Jon Dario
- Seller: Cecilia Zalkind
This transaction was facilitated by the parties' engagement, with Jon Dario acting as the buyer while Cecilia Zalkind served as the seller. Specific details regarding their roles contributed to the completion of this deal.
On the Map
$1,913,300
Industrial
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Players
Newark 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
8.29%
Cash-on-Cash
-2.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93