Updated Sep 30, 2026
Jeff Squires & Scott Davidovic Of Kislak Represent Sale Of Retail Properties For $6.55M
356 Millburn Avenue
$6,500,500
$296/SF
Building Size
21,960 SF
Asset Type
Retail
Closing
Sep 1, 2026
About this deal
AI
The transaction involves retail properties located at 356 Millburn Avenue, 358 Millburn Avenue, 55-57 Main Street, and 59-63 Main Street in the Millburn market. The total square footage of the assets is 21,960, with a sale price of $6,550,000, resulting in a price per square foot of $298.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,550,000
- Square Footage: 21,960
- Price per Square Foot: $298
- Address: 356 Millburn Avenue, 358 Millburn Avenue, 55-57 Main Street & 59-63 Main Street
- Market: Millburn
Jeff Squires and Scott Davidovic from Kislak represented the transaction in this sale of retail properties.
On the Map
$6,500,500
$296/SF
Retail
View full map
Players
Millburn 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93