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15-31 North Avenue East, Cr...

NAI DiLeo-Bram & Co Represents Richard Goski & Catherine Goski-Vasquez In $3.8M Garwood Mixed-Use Sale At 15-31 North Avenue East
SOLDMixed-use

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

Richard Goski

NAI Global

Broker

$26.6M

vol

8 deals

Broker

Cranford 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93