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176 Pulaski Avenue, Sayrevi...

Isaac Niederman Acquires Store In Sayreville, NJ For $1.49M
SOLDRetail

Isaac Niederman Acquires Store In Sayreville, NJ For $1.49M

176 Pulaski Avenue, Sayreville, New Jersey 08872, United States

$1,490,000

Building Size

Asset Type

Retail

Closing

Mar 22, 2022

AI

The property asset involved in this transaction is a store located at 176 Pulaski Ave in Sayreville, NJ. The property was sold on 03/23/2022 for a price of $1,490,000. The buyer of the property is Isaac Niederman, while the seller is Solomon Plutchok.

Summary of transaction details

  • Property Type: Store
  • Transaction Amount: $1,490,000
  • Address: 176 Pulaski Ave, Sayreville, NJ
  • Market: Sayreville, NJ

Isaac Niederman represented himself in this transaction as the buyer. Solomon Plutchok represented himself as the seller.

Players

Isaac Niederman

Buyer

$15M

vol

7 deals

Buyer

Solomon Plutchok

Seller

$10.8M

vol

6 deals

Seller

Sayreville 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

10.65%

Cash-on-Cash

-3.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93