Newman, Simpson & Cohen LLP Leases Office Space At 25 Main St In Hackensack
25 Main Street, Hackensack, New Jersey 07601, United States
$18
$18/SF
Building Size
5,909 SF
Asset Type
Office
Closing
Mar 17, 2023
AI
An office space located at 25 Main St in Hackensack was recently leased in a transaction that closed on 03/17/2023. The property, consisting of approximately 5,909 square feet, was leased by Newman, Simpson & Cohen LLP. The lease was facilitated by their representative, Josh Folco of Alexander Anderson Real Estate Group.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: N/A
- Address: 25 Main St
- Market: Hackensack
The landlord for this property is Alfred Sanzari Enterprises, while the leasing and marketing efforts were handled by Stephen Jennings of Winne Banta Basralian & Kahn P.C. on behalf of the landlord. Daniel Simpson served as the tenant's representative.
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
881277.78%
Cash-on-Cash
-251871.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93