NAI DiLeo-Bram & Co Represents Richard Goski & Catherine Goski-Vasquez In $3.8M Garwood Mixed-Use Sale At 15-31 North Avenue East
15-31 North Avenue East, Cranford, New Jersey 07016, United States
$3,800,000
$95,000/SF
Building Size
40 SF
Asset Type
Mixed-use
Closing
Apr 17, 2023
AI
The mixed-use property located at 15-31 North Avenue East in Garwood has been sold for a price of $3,800,000. The property sits on 1.63 acres of land and encompasses a total of 40,000 square feet. The sale price per square foot amounts to $95. The transaction was finalized on November 30, 2022.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,800,000
- Address: 15-31 North Avenue East, Garwood
- Market: Garwood
- Asset Type: Mixed-use
- Acres: 1.63
The sale of this property was handled by Richard Goski and Catherine Goski-Vasquez from NAI DiLeo-Bram & Co. They represented the buyers in this transaction.
Players
Cranford Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93