Updated Aug 25, 2026
RCG Realty LLC Acquires 7,000 Square Foot Industrial Warehouse In Roselle For $2.9M
150 West 1st Avenue
$2,900,000
$414/SF
Building Size
7,000 SF
Asset Type
Industrial
Closing
Aug 24, 2026
About this deal
AI
The industrial warehouse located at 150 West 1st Avenue, Roselle, NJ, has been sold for $2.9 million. This asset spans 7,000 square feet, resulting in a price per square foot of $414. The property was part of a tax-deferred 1031 exchange.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Address: 150 West 1st Avenue
- Market: Roselle, NJ
- Square Footage: 7,000
- Price Per Square Foot: $414
- Buyer: RCG Realty LLC
- Seller: West First Roselle, LLC
- Broker: Steve Bussel & Metz Industrial Group - Bussel Realty
Steve Bussel represented the seller, West First Roselle, LLC, while Metz Industrial Group represented the buyer, RCG Realty LLC, in this transaction. The collaboration between these brokers facilitated the swift completion of the deal.
Players
Chaptico 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93