Zev Halpert Acquires Industrial Property In Ridgefield, NJ For $12M
730 Grand Avenue
$12,000,000
$153/SF
Building Size
78,134 SF
Asset Type
Industrial
Closing
Sep 16, 2022
AI
The industrial property located at 730 Grand Avenue in Ridgefield, NJ has been sold for $12,000,000. The property spans an area of 78,134 square feet, resulting in a price per square foot of $153. The transaction took place on September 16, 2022, with Zev Halpert as the buyer and Jinsup An as the seller. The deal was facilitated by David Warren from KSR. This sale contributes to the expanding presence of the KSR team in the industrial markets nationwide.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $12,000,000
- Square Footage: 78,134
- Price per Square Foot: $153
- Buyer: Zev Halpert
- Seller: Jinsup An
- Broker: David Warren - KSR
If you have any future opportunities or inquiries, please feel free to contact David Warren at [email protected].
Ridgefield Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93