Horvath & Tremblay Brokers Sell Roselle, NJ Retail Property For $3.8M
133 East Saint Georges Avenue
$3,885,000
$1,843/SF
Building Size
2,108 SF
Asset Type
Retail
Closing
Oct 19, 2022
AI
A retail property located at 133 E St Georges Ave in Roselle, NJ has recently been sold. The property is approximately 2,108 square feet in size. The sale price for the transaction was $3,885,000, resulting in a price per square foot of $1,843.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,885,000
- Market: Roselle, NJ
The sale of the property was facilitated by brokers Mike Lombardi, Rob DiFranco, and David McLaughlin from Horvath & Tremblay. They represented the parties involved in the transaction and played a key role in the successful completion of the deal.
Players
Roselle Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.08%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93