NAI DiLeo-Bram & Co Represents Richard Goski & Catherine Goski-Vasquez In $3.8M Garwood Mixed-Use Sale At 15-31 North Avenue East
SOLD
$3,800,000
New Jersey
See Similar DealsMixed-use40 SF
SOLD
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
See Similar DealsMixed-use40 SF
Summary
NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$95,000
Total Square Footage:40 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$202,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,500.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,013.94
Annual Debt Service$216,167.26
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