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39 East Main Street, Freeho...

Sal Rexha Acquires Mixed-Use Property In Freehold, NJ For $1.4M
SOLDMixed-use

Sal Rexha Acquires Mixed-Use Property In Freehold, NJ For $1.4M

39 East Main Street, Freehold, NJ, USA

$1,405,000

$162/SF

Building Size

8,659 SF

Asset Type

Mixed-use

Closing

Oct 1, 2021

AI

Located at 35-37-39 East Main Street in Freehold, NJ, this mixed-use property was recently sold for a total price of $1,405,000. The property spans 8,659 square feet, resulting in a price per square foot of $162. The sale took place on October 1, 2021, and the buyer was Sal Rexha while the seller was Snow Myrtle. The transaction was facilitated by Matt Weilheimer from Kislak Realty.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,405,000
  • Address: 35-37-39 East Main Street, Freehold, NJ
  • Market: Freehold, NJ
  • Square Footage: 8,659
  • Price per Square Foot: $162
  • Buyer: Sal Rexha
  • Seller: Snow Myrtle
  • Broker: Matt Weilheimer - Kislak Realty
  • Date: 10/01/2021

For further information or inquiries about this property sale, you can reach out to Matt Weilheimer at [email protected] or 908 596 0700.

Players

Matt Weilheimer

Kislak

Broker

$67.9M

vol

13 deals

Broker

Freehold 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

11.29%

Cash-on-Cash

-3.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93