Updated Aug 20, 2026
Jordan Lebowitz Sells Retail Asset In Oakland, NJ For $3,529,411 With Encore Real Estate
24 West Oakland Avenue
$3,529,411
$820/SF
Building Size
4,300 SF
Asset Type
Retail
Closing
Aug 10, 2026
About this deal
AI
The retail asset located at 24 West Oakland Avenue in Oakland, NJ was sold for $3,529,411. The property encompasses 4,300 square feet, translating to a price per square foot of $820.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,529,411
- Square Footage: 4,300
- Price per Square Foot: $820
- Seller: Jordan Lebowitz
- Seller's Representative: Solly Dweck, Michael Gaggo & Matthew Franciosi - Encore Real Estate Investment Services
- Date of Sale: 08/10/2026
The transaction was facilitated by Solly Dweck, Michael Gaggo, and Matthew Franciosi, who represented the seller, Jordan Lebowitz, throughout the sale process, ensuring a smooth transaction for the retail property.
Players
Oakland Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Solly Dweck to view all their deals.
Browse New Jersey retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.49%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93