Fidelity Investments Provides $11.5 Million Loan For Retail Asset In Clifton New Jersey
FINANCED
$11,500,000
New Jersey
See Similar DealsRetail48,535 SF
Financed 01/30/2026
FINANCED
Fidelity Investments Provides $11.5 Million Loan For Retail Asset In Clifton New Jersey
1030 Us Route 46
See Similar DealsRetail48,535 SF
Financed 01/30/2026
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$236
Total Square Footage:48,535 SF
Transaction Type:Loan
The asset involved in this transaction is a retail property located at 1030-1050 Route 46 in Clifton, featuring a total square footage of 48,535. The transaction was secured through an acquisition loan amounting to $11,500,000, facilitated by Fidelity Investments.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,500,000
- Address: 1030-1050 Route 46
- Market: Clifton
- Asset Size: 48,535 SF
- Lender: Fidelity Investments
- Brokers: Nazario Paragano, Ryan Carroll & Christian Badalamenti - JLL
- Loan Type: Acquisition
The transaction involved brokers Nazario Paragano, Ryan Carroll, and Christian Badalamenti representing the deal through their agency, JLL. Their roles were integral in facilitating the acquisition loan process for the retail asset in Clifton.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,500,000.00
Monthly NOI$76,666.67
Monthly Debt Service$72,687.82
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions