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
Freehold Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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