Mixed-use Property At 10 Monmouth Street In Red Bank Sold For $1.1M With Broker Kyle Golden
10 Monmouth Street
$1,100,000
$466/SF
Building Size
2,360 SF
Asset Type
Mixed-use
Closing
Jul 23, 2025
AI
The property asset involved in the transaction is a mixed-use building located at 10 Monmouth Street in the Red Bank market. The sale price for this asset was $1,100,000, encompassing a total square footage of 2,360, resulting in a price per square foot of $466.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,100,000
- Address: 10 Monmouth Street
- Market: Red Bank
- Square Footage: 2,360
- Price per Square Foot: $466
- Broker: Kyle Golden - Century 21
The key individual involved in the transaction is broker Kyle Golden, who represents the seller. He has noted interest from multiple cash buyers specifically looking for retail and mixed-use properties. His proactive approach highlights an opportunity for further notable transactions in the market.
Players
Red Bank Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93