Updated Oct 29, 2024
865 Route 33 Industrial Property In Freehold Sold To 865 NJ 33 SD LLC For $4.95M With CBRE Brokers
865 NJ-33, Freehold, NJ, USA
$4,950,000
$107/SF
Building Size
46,000 SF
Asset Type
Industrial
Closing
Nov 30, 2020
About this deal
AI
An industrial property located at 865 Route 33 in Freehold has been sold for a price of $4,950,000. The property spans 46,000 square feet, resulting in a price per square foot of $108. The transaction took place on December 01, 2020, involving the buyer 865 NJ 33 SD LLC and the seller L&M Realty Associates LLC.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,950,000
- Square Footage: 46,000
- Price per Square Foot: $108
- Address: 865 Route 33, Freehold
- Market: Freehold
The sale of this industrial property was facilitated by the brokerage firm CBRE, represented by Charles Berger, Elli Klapper, and Mark Silverman.
Players
Manalapan Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Mark Silverman to view all their deals.
Browse Manalapan industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93