Cushman & Wakefield Sells Retail Property In North Arlington, NJ For $13.5M
1-29 Schuyler Avenue, North Arlington, NJ, USA
$13,500,000
$359/SF
Building Size
37,603 SF
Asset Type
Retail
Closing
Jul 29, 2021
AI
The property involved in this transaction is located at 1-29 Schuyler Avenue in North Arlington, NJ. It is a retail asset with a total area of 37,603 square feet. The transaction took place on July 30, 2021.
Summary of transaction details
- Property Type: Retail
- Sale Price: $13,500,000
- Price Per Square Foot: $359
- Address: 1-29 Schuyler Avenue, North Arlington, NJ
- Market: North Arlington, NJ
The seller's representatives in this deal were Max Helfman, Brian Whitmer, Seth Pollack, Andy Merin, David Bernhaut, & Gary Gabriel from Cushman & Wakefield.
Players
North Arlington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93