facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Office

/

Sale

/

14 Countryside Lane

Minh Tran, MD Acquires Office At 14 Countryside Lane From DOWC Administration Services For $1.515M
SOLDOffice

Minh Tran, MD Acquires Office At 14 Countryside Lane From DOWC Administration Services For $1.515M

14 Countryside Lane

$1,515,000

$151/SF

Building Size

10,000 SF

Asset Type

Office

Closing

Nov 11, 2025

AI

The property involved in this transaction is an office asset located at 14 Countryside Lane in Ringwood. The sale price for this property was $1,515,000, and it spans a total of 10,000 square feet, resulting in a price per square foot of $151.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,515,000
  • Address: 14 Countryside Lane
  • Market: Ringwood
  • Square Footage: 10,000
  • Price Per Square Foot: $151
  • Buyer: Minh Tran, MD
  • Seller: DOWC Administration Services
  • Brokers: Dennis Giammetta & Jenna Glick - Newmark Associates

This transaction was facilitated by the brokers Dennis Giammetta and Jenna Glick from Newmark Associates, who represented the buyer Minh Tran, MD, in the acquisition from the seller DOWC Administration Services. The closing date of the transaction was on November 12, 2025.

Players

Jenna Glick

Newmark

Broker

$3.3M

vol

3 deals

Broker
Newmark Associates
Newmark AssociatesBrokerage

Ringwood Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.47%

Cash-on-Cash

-2.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93