Updated Sep 9, 2024
Horvath & Tremblay Brokers Rob DiFranco & Mike Lombardi Facilitate $2.3M Sale Of Retail Property In Woodbury, NJ
1730 Clements Bridge Road
$2,300,000
$193/SF
Building Size
11,900 SF
Asset Type
Retail
Closing
Nov 21, 2022
About this deal
AI
The retail property located at 1730 Clements Bridge Rd in Woodbury, NJ has been sold for a price of $2,300,000. The property spans a total of 11,900 square feet, resulting in a price per square foot of $193.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,300,000
- Address: 1730 Clements Bridge Rd, Woodbury, NJ
- Market: Woodbury, NJ
- Square Footage: 11,900 SF
- Price per Square Foot: $193
The deal was facilitated by Rob DiFranco and Mike Lombardi from Horvath & Tremblay. They represented the parties involved in the transaction, but their roles were not specified in the given information.
Players
Woodbury 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93