Meyer Davidoff Purchases Mixed-Use Property At 107 East Mount Pleasant Avenue For $7.05M
107 East Mount Pleasant Avenue
$7,050,000
$270/SF
Building Size
26,040 SF
Asset Type
Mixed-use
Closing
Jul 30, 2026
AI
A mixed-use property located at 107 East Mount Pleasant Avenue in Livingston was sold for $7,050,000. The asset encompasses a total square footage of 26,040, translating to a price per square foot of $270.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $7,050,000
- Address: 107 East Mount Pleasant Avenue
- Market: Livingston
- Square Footage: 26,040
- Price Per Square Foot: $270
- Buyer: Meyer Davidoff
- Seller: David Shorenstein
- Brokers: Alan Cafiero, David Cafiero & Damien Rance - Marcus & Millichap
The transaction involved key representatives from Marcus & Millichap, specifically Alan Cafiero, David Cafiero, and Damien Rance, who facilitated the deal for the buyer, Meyer Davidoff, and the seller, David Shorenstein.
Players
Livingston 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
2.25%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93