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106 Prospect Street

Updated Oct 12, 2026

Tom Bado Acquires Office Building At 106 Prospect Street Ridgewood For $2,800,000
SOLDOffice

Tom Bado Acquires Office Building At 106 Prospect Street Ridgewood For $2,800,000

106 Prospect Street

$2,800,000

Building Size

—

Asset Type

Office

Closing

Nov 22, 2016

About this deal

AI

The property asset involved in the transaction is an office located at 106 Prospect Street in Ridgewood, NJ. The transaction amount for this asset was $2,800,000.00. 

Summary of transaction details:

This transaction highlights the key individuals in the deal, with Tom Bado identified as the buyer and Jim Pompa as the broker representing the transaction. 

The office sale at 106 Prospect Street in Ridgewood, New Jersey sold for $2.8M in 2016. 106 Prospect Street is classified as Office on Traded. James (Jim) Pompa, Tom Bado, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Ridgewood, New Jersey file for the 106 Prospect Street office sold: pricing, party profiles, and other closed office comps from the same Ridgewood sit in the Market section below. Filter that Ridgewood office set by closing date to see what else sold near 106 Prospect Street around 2016. Published consideration for 106 Prospect Street is $2.8M, dated 2016. Cite this Tom Bado Acquires Office Building At 106 Prospect Street Ridgewood For $2,800,000 sale when underwriting similar office product around Ridgewood, New Jersey.

On the Map

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$2,800,000

Office

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Players

James Pompa

Coldwell Banker

Broker

$48.4M

vol

7 deals

Broker

Tom Bado

Buyer

$2.8M

vol

1 deal

Buyer

Ridgewood Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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