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4 Becker Farm Road

Alma Realty Sells Office Building At 4 Becker Farm Road In Roseland For $10.25M
SOLDOffice

Alma Realty Sells Office Building At 4 Becker Farm Road In Roseland For $10.25M

4 Becker Farm Road

$10,245,000

$34/SF

Building Size

294,000 SF

Asset Type

Office

Closing

Feb 24, 2025

AI

The property involved in this transaction is an office asset located at 4 Becker Farm Road in the Roseland market. It was sold for $10,245,000, with a total square footage of 294,000, resulting in a price per square foot of $34.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $10,245,000
  • Address: 4 Becker Farm Road
  • Market: Roseland
  • Seller: Alma Realty
  • Broker: Julio Reyes - Reyes & El Samad Real Estate Group
  • Square Footage: 294,000
  • Price Per Square Foot: $34

This transaction was represented by broker Julio Reyes from Reyes & El Samad Real Estate Group, who acted on behalf of the seller Alma Realty during the deal process.

Players

Julio Reyes

Broker

$32.9M

vol

13 deals

Broker
AR
Alma RealtySeller

Roseland 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

1.55%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93