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107 East Mount Pleasant Avenue

Meyer Davidoff Purchases Mixed-Use Property At 107 East Mount Pleasant Avenue For $7.05M
SOLDMixed-use

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:

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

Alan Cafiero

Marcus & Millichap

Broker

$829M

vol

111 deals

Broker
Meyer Davidoff

Meyer Davidoff

Buyer

$14.1M

vol

2 deals

Buyer
David Shorenstein

David Shorenstein

Seller

$201.4M

vol

62 deals

Seller

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