Updated Dec 5, 2024
Alfred Sanzari Enterprises Leases 27500 Square Feet At 25 Main St Hackensack To Tenant's Rep Hope Brodsky
25 Main St, Hackensack, NJ, 07601
Building Size
27,500 SF
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
This transaction involves a lease for a property located at 25 Main St, Hackensack, NJ, 07601. The property has a total area of 27,500 square feet and is situated in the Hackensack market.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant's Representative: Hope Brodsky - Newmark Grubb Knight Frank
- Landlord: Alfred Sanzari Enterprises
The transaction includes representation by Hope Brodsky from Newmark Grubb Knight Frank, who acted on behalf of the tenant. The landlord involved in this lease is Alfred Sanzari Enterprises.
On the Map
Office
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Players
Hackensack Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93