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85 Hopper Avenue

Kyle D'Amico Acquires Office At 85 Hopper Avenue In Waldwick For $1.699M
SOLDOffice

Kyle D'Amico Acquires Office At 85 Hopper Avenue In Waldwick For $1.699M

85 Hopper Avenue

$1,699,000

$499/SF

Building Size

3,400 SF

Asset Type

Office

Closing

Nov 13, 2025

AI

The property asset is located at 85 Hopper Avenue in Waldwick and has an office asset type. The transaction was completed for a sale price of $1,699,000, with a total square footage of 3,400 and a price per square foot of $499.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,699,000
  • Address: 85 Hopper Avenue
  • Market: Waldwick
  • Square Footage: 3,400
  • Price Per Square Foot: $499
  • Buyer: Kyle D'Amico
  • Seller: Dr. Richard Auletta
  • Buyer's Representative: Patrick Varelas - Re/Max
  • Seller's Representative: Mary Swatek - Newmark Associates

In this transaction, Kyle D'Amico is the buyer, while Dr. Richard Auletta is the seller. Patrick Varelas from Re/Max serves as the buyer's representative, and Mary Swatek from Newmark Associates represents the seller.

Players

Patrick Varelas

Re/Max

Broker

$6.7M

vol

4 deals

Broker

Waldwick 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

9.34%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93