Updated Dec 18, 2023
Dahan Joe Acquires Industrial Property In South River For $1.6M
97 Whitehead Ave, South River, NJ, USA
$1,624,000
$109/SF
Building Size
14,847 SF
Asset Type
Industrial
Closing
Mar 15, 2021
About this deal
AI
The industrial property located at 97 Whitehead Ave in South River has been sold in a recent transaction. The property spans an area of 14,847 square feet and was sold at a price of $1,624,000, resulting in a price per square foot of $109.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,624,000
- Address: 97 Whitehead Ave, South River
- Market: South River
- Buyer: Dahan Joe
Dahan Joe represented the buyer in this industrial property sale.
The industrial sale at 97 Whitehead Ave, South River, NJ, USA in South River, New Jersey sold for $1.6M in 2021. The building is 14,847 square feet, implying about 109 per square foot on the published price. This page is the South River, New Jersey file for the 97 Whitehead Ave, South River, NJ, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same South River sit in the Market section below. Filter that South River industrial set by closing date to see what else sold near 97 Whitehead Ave, South River, NJ, USA around 2021. Published consideration for 97 Whitehead Ave, South River, NJ, USA is $1.6M, dated 2021. Cite this Dahan Joe Acquires Industrial Property In South River For $1.6M sale when underwriting similar industrial product around South River, New Jersey.
Players
South River 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
9.77%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93