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1041 Louisa Street, Elizabe...

Tom Scatuorchio's Kislak Brokers $1.04M Mixed-Use Sale In Elizabeth NJ
SOLDMixed-use

Tom Scatuorchio's Kislak Brokers $1.04M Mixed-Use Sale In Elizabeth NJ

1041 Louisa Street, Elizabeth, NJ, USA

$1,045,000

$72/SF

Building Size

14,440 SF

Asset Type

Mixed-use

Closing

Sep 14, 2021

AI

Tom Scatuorchio, a representative from Kislak, facilitated the sale of a mixed-use property located at 1041 Louisa St in Elizabeth, NJ. The transaction took place on September 14, 2021, with a sale price of $1,045,000. The property spans a total area of 14,440 square feet, resulting in a price per square foot of $72.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,045,000
  • Address: 1041 Louisa St
  • Market: Elizabeth, NJ
  • Broker: Tom Scatuorchio - Kislak
  • Size: 14,440 square feet
  • Price per Square Foot: $72

This successful transaction was made possible through the expertise of Tom Scatuorchio from Kislak. The deal showcases the value and potential of this mixed-use property in Elizabeth, NJ.

Players

Tom Scatuorchio

Kislak

Broker

$92.6M

vol

16 deals

Broker

Elizabeth 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

15.18%

Cash-on-Cash

-4.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93