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10 Monmouth Street

Mixed-use Property At 10 Monmouth Street In Red Bank Sold For $1.1M With Broker Kyle Golden
SOLDMixed-use

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

Kyle Golden

Century 21

Broker

$21.4M

vol

7 deals

Broker
Century 21
Century 21Brokerage

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