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
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