Usher Brymaz Purchases Industrial Property From Coveni Niveco For $1.4M In Elizabeth
827 833 Bond Street
$1,400,000
$130/SF
Building Size
10,735 SF
Asset Type
Industrial
Closing
Sep 18, 2025
AI
This industrial property, located at 827-833 Bond Street in Elizabeth, has been sold for $1,400,000. The asset encompasses a total area of 10,735 square feet, resulting in a price per square foot of $130.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,400,000
- Address: 827-833 Bond Street
- Market: Elizabeth
- Square Footage: 10,735
- Price per Square Foot: $130
- Buyer: Usher Brymaz
- Seller: Coveni Niveco
- Broker Representatives: Yanni Marmarou & Jack Drillock - Investment Property Realty Group
The transaction was facilitated by brokers Yanni Marmarou and Jack Drillock, who represent Investment Property Realty Group in this deal, aligning the buyer, Usher Brymaz, with the seller, Coveni Niveco.
Players
Elizabeth 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93