Hecht Hudson Acquires Office Property In Jackson From Aron Kirschenbaum For $5.05M
SOLD
$5,050,000
New Jersey
See Similar DealsOffice10,000 SF
Sold 01/01/2026
SOLD
Hecht Hudson Acquires Office Property In Jackson From Aron Kirschenbaum For $5.05M
338 Whitesville Road
See Similar DealsOffice10,000 SF
Sold 01/01/2026
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$505
Total Square Footage:10,000 SF
Transaction Type:Sale
The office property located at 338 Whitesville Road Bldg 6, Jackson, has been sold for a total of $5,050,000. This asset encompasses a total of 10,000 square feet, resulting in a price per square foot of $505.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $5,050,000
- Buyer: Hecht Hudson
- Seller: Aron Kirschenbaum
- Broker: Chaya Klein - One Real Estate
This transaction involved key players in the real estate market, with Chaya Klein representing the seller, Aron Kirschenbaum, in the deal. The transaction marks a significant event in the Jackson market as the buyer acquires this office asset.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$269,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,941.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,939.58
Annual Debt Service$287,274.92
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