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265 Industrial Way West, Ea...

Updated Dec 21, 2023

Resource Realty Sells Office Property In Eatontown, NJ For $4.1M
SOLDOffice

Resource Realty Sells Office Property In Eatontown, NJ For $4.1M

265 Industrial Way West, Eatontown, NJ 07724, USA

$4,100,000

$110/SF

Building Size

37,000 SF

Asset Type

Office

Closing

May 2, 2020

About this deal

AI

Located at 265 Industrial Way in Eatontown, this office property was recently sold for $4,100,000. With a total area of 37,000 square feet, the price per square foot for this transaction was approximately $111. The sale of this property was facilitated by Andy Rudoff of Resource Realty.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $4,100,000
  • Address: 265 Industrial Way, Eatontown
  • Market: Eatontown
  • Broker: Andy Rudoff - Resource Realty

Aside from the details mentioned above, no additional information regarding this transaction was provided.

Players

Andy Rudoff

Broker

$10M

vol

2 deals

Broker

Eatontown Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $110 per square foot on a published $4.1M for 37,000 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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