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Frank A. Talarico & Abigail Berman Acquire Store In Haddonfield, NJ For $1.23M

Property Image
SOLD
$1,230,000

New Jersey

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Retail4,002 SF
Sold 05/16/2022
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Property Image
SOLD

Frank A. Talarico & Abigail Berman Acquire Store In Haddonfield, NJ For $1.23M

220 Mountwell Avenue, Haddonfield, New Jersey 08033, United States

See Similar Deals
Retail4,002 SF
Sold 05/16/2022
the dealplayerscompscontact
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Summary

NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$307
Total Square Footage:4,002 SF
Transaction Type:Sale

The property at 220 Mountwell Ave in Haddonfield, NJ has been sold. The store, measuring 4,002 square feet, was purchased by Frank A Talarico & Abigail Berman from Michael Lepore & Lauren P Lepore. The sale took place on May 16, 2022, for a total price of $1,230,000. The price per square foot (PPSF) comes to $307.

Summary of transaction details

  • Property Type: Store
  • Transaction Amount: $1,230,000
  • Address: 220 Mountwell Ave, Haddonfield, NJ
  • Market: Haddonfield, NJ
  • Buyer: Frank A Talarico & Abigail Berman
  • Seller: Michael Lepore & Lauren P Lepore
  • Square Footage: 4,002
  • Price per Square Foot (PPSF): $307

Frank A Talarico & Abigail Berman, as the buyers, successfully acquired the store from Michael Lepore & Lauren P Lepore. The transaction marks an important deal for all parties involved.

Players

ML
Michael Lepore
2 deals$3.9M volume
SELLER

Details

SOLD
IMAGE: 05/16/2022 ADDRESS: 220 Mountwell Ave MARKET: Haddonfield, NJ ASSET TYPE: Store BUYER: Frank A Talarico & Abigail Berman SELLER: Michael Lepore & Lauren P Lepore PRICE: $1,230,000 SF: 4,002 ~ PPSF: $307

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$4,369.94
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