Updated Dec 5, 2024
Newman, Simpson & Cohen LLP Leases Office Space At 25 Main St In Hackensack
25 Main Street, Hackensack, New Jersey 07601, United States
Building Size
5,909 SF
Asset Type
Office
Closing
Mar 17, 2023
About this deal
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.
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
881277.78%
Cash-on-Cash
-251871.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93