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
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