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783 Jersey Avenue, New Brun...

Updated Oct 28, 2024

AIM ImmunoTech Inc. Acquires Medical Facility For $3.9M In New Brunswick
SOLDOther

AIM ImmunoTech Inc. Acquires Medical Facility For $3.9M In New Brunswick

783 Jersey Avenue, New Brunswick, New Jersey 08901, United States

$3,900,000

$110/SF

Building Size

35,206 SF

Asset Type

Other

Closing

Mar 6, 2022

About this deal

AI

A medical facility located at 783 Jersey Ave in New Brunswick has been sold for a price of $3,900,000. The property was acquired by AIM ImmunoTech Inc., with Thomas Equels representing the buyer in the transaction.

Summary of transation details

  • Property Type: Medical Facility
  • Transaction Amount: $3,900,000
  • Market: New Brunswick
  • Date: 03/07/2022

Thomas Equels, on behalf of AIM ImmunoTech Inc., acted as the buyer's representative. The sale of this medical facility signifies a significant transaction in the New Brunswick market.

Players

New Brunswick Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $110 per square foot on a published $3.9M for 35,206 square feet (2022).

Browse New Jersey other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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