Mohammad Mustamand Acquires Retail Property At 430 N Wood Ave In Linden For $1.7M
430 N Wood Ave
$1,700,000
Building Size
—
Asset Type
Retail
Closing
Jan 10, 2023
AI
The retail property located at 430 N Wood Ave in Linden has been sold for $1,700,000. The property spans across 13,090 square feet, resulting in a price per square foot of $130. The transaction took place on January 10, 2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,700,000
- Address: 430 N Wood Ave
- Market: Linden
The buyer of the property is Mohammad Mustamand, while the seller is Cliff Cicila. The transaction was facilitated by brokers Rob DiFranco and Michael "Mike" Lombardi from Horvath & Tremblay.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93