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2209 Wood Avenue

Updated May 28, 2026

Fady Meckey Of Meckey Estates Purchases Office Building In Roselle For $300,000
SOLDOffice

Fady Meckey Of Meckey Estates Purchases Office Building In Roselle For $300,000

2209 Wood Avenue

$300,000

$230/SF

Building Size

1,300 SF

Asset Type

Office

Closing

Oct 5, 2025

About this deal

AI

The property asset involved in the transaction is an office located at 2209 N Wood Avenue in Roselle. The sale price for the asset was $300,000 with a total area of 1,300 square feet, resulting in a price per square foot of $230. The transaction includes a single unit.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $300,000
  • Units: 1
  • Square Footage: 1,300
  • Price Per Unit: $300,000
  • Price Per Square Foot: $230
  • Buyer: Fady Meckey - Meckey Estates
  • Transaction Date: 10/6/2025

The deal was facilitated by Fady Meckey representing Meckey Estates, acting as the buyer in this transaction. The office asset represents a strategic acquisition within the local market of Roselle.

Players

Fady Meckey

Buyer
Buyer

Roselle Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $230 per square foot on a published $300K for 1,300 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

52.88%

Cash-on-Cash

-15.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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