Updated Apr 14, 2026
Moe Kayye Acquires Mixed-Use Asset In Lakewood From Jacob Kohn For $4.75M
1733 Madison Avenue
$4,750,000
$582/SF
Building Size
8,160 SF
Asset Type
Mixed-use
Closing
Mar 26, 2026
About this deal
AI
The mixed-use property located at 1733 Madison Avenue in Lakewood was sold for $4,750,000. The asset spans 8,160 square feet, resulting in a price per square foot of $582.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,750,000
- Sale Date: 03/27/2026
- Buyer: Moe Kayye
- Seller: Jacob Kohn
- Broker: Asher Newman - One Real Estate
Moe Kayye acquired the property from Jacob Kohn with the representation of Asher Newman from One Real Estate, facilitating the transaction between the buyer and seller.
Players
Lakewood 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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93