Aron Rosen Acquires Office Building From Chaim Gross On Whitesville Road For $5M
SOLD
$5,000,000
New Jersey
See Similar DealsOffice10,000 SF
Sold 09/18/2025
SOLD
Aron Rosen Acquires Office Building From Chaim Gross On Whitesville Road For $5M
338 Whitesville Road
See Similar DealsOffice10,000 SF
Sold 09/18/2025
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$500
Total Square Footage:10,000 SF
Transaction Type:Sale
The transaction involves an office property located at 338 Whitesville Road in the Jackson market. The asset was sold for a price of $5,000,000, encompassing a total area of 10,000 square feet, resulting in a price per square foot of $500.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,000,000
- Buyer: Aron Rosen
- Seller: Chaim Gross
- Broker: Chaya Klein - One Real Estate
- Sale Date: 09/18/2025
This deal highlights the involvement of Aron Rosen as the buyer and Chaim Gross as the seller, with Chaya Klein from One Real Estate representing the broker in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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