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John Wei Acquires Mixed-use Property In Carlstadt From Capital Plus Funding Group For $1.3M

Property Image
SOLD
$1,300,000

New Jersey

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Mixed-use6,500 SF
Sold 02/02/2026
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Property Image
SOLD

John Wei Acquires Mixed-use Property In Carlstadt From Capital Plus Funding Group For $1.3M

326 Hackensack Street

See Similar Deals
Mixed-use6,500 SF
Sold 02/02/2026
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Summary

NEW JERSEY
Asset Type:Mixed-use
Price Per Square Foot:$200
Total Square Footage:6,500 SF
Transaction Type:Sale

The property asset involved in this transaction is a mixed-use building located at 326 Hackensack Street in Carlstadt. It features a total of 3 units, encompasses 6,500 square feet, and was sold for $1,300,000, resulting in a price per unit of $433,333 and a price per square foot of $200.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,300,000
  • Address: 326 Hackensack Street
  • Market: Carlstadt
  • Units: 3
  • Square Footage: 6,500
  • Price per Unit: $433,333
  • Price per Square Foot: $200
  • Buyer: John Wei
  • Seller: Capital Plus Funding Group
  • Broker Representatives: Yanni Marmarou & Nick Rogers - Investment Property Realty Group (IPRG)

The transaction involved buyer John Wei acquiring the property from seller Capital Plus Funding Group. The deal was facilitated by broker representatives Yanni Marmarou and Nick Rogers from Investment Property Realty Group (IPRG), ensuring a smooth process throughout the acquisition.

Players

Yanni Marmarou
36 deals$150.8M volume(718) 360-5059
BROKER

Nick Rogers
Investment Property Realty Group (IPRG)
2 deals$2.5M volume(973) 475-8007
BROKER

John Weideman
2 deals$2.4M volume
BUYER

Details

SOLD
IMAGE: Yanni Marmarou & Nick Rogers DATE: 02/02/2026 ADDRESS: 326 Hackensack Street MARKET: Carlstadt ASSET TYPE: Mixed-use BUYER: John Wei SELLER: Capital Plus Funding Group BROKERS: Yanni Marmarou (@ThatbrokerYanni) & Nick Rogers - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $1,300,000 UNITS: 3 ~ PPU: $433,333 SF: 6,500 ~ PPSF: $200

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96