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827 833 Bond Street

Usher Brymaz Purchases Industrial Property From Coveni Niveco For $1.4M In Elizabeth
SOLDIndustrial

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

Yanni Marmarou

Investment Property Realty Group (IPRG)

Broker

$150.8M

vol

36 deals

Broker
Investment Property Realty Group (IPRG)
Investment Property Realty Group (IPRG)Brokerage

Elizabeth 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93