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1206 Rivington St, Roselle,...

Updated Dec 20, 2023

SRS Real Estate Partners Facilitates $6.7M Roselle Retail Sale
SOLDRetail

SRS Real Estate Partners Facilitates $6.7M Roselle Retail Sale

1206 Rivington St, Roselle, NJ 07203, Estados Unidos

$6,700,000

$1,522/SF

Building Size

4,400 SF

Asset Type

Retail

Closing

Sep 20, 2020

About this deal

AI

The retail property located at 1206 Rivington Street in Roselle has been sold for $6,700,000. The property was listed by Patrick Nutt and Andrew Fallon from SRS Real Estate Partners.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $6,700,000
  • Address: 1206 Rivington Street
  • Market: Roselle
  • Brokers: Patrick Nutt & Andrew Fallon – SRS Real Estate Partners

Patrick Nutt and Andrew Fallon from SRS Real Estate Partners represented the seller and facilitated the transaction. They played a key role in negotiating the deal and ensuring a successful sale of the retail property in Roselle.

Players

Andrew Fallon

SRS Real Estate Partners

Broker

$171.2M

vol

17 deals

Broker

Roselle Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $1.5K per square foot on a published $6.7M for 4,400 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.37%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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