Agus Holdings Acquires Retail Property In Englewood, NJ For $1.55M
49 E Palisade Ave Englewood, NJ 07631, USA
$1,550,000
$305/SF
Building Size
5,076 SF
Asset Type
Retail
Closing
May 4, 2023
AI
The retail property located at 49 East Palisade Avenue in Englewood, NJ has been sold. The property spans 5,076 square feet and was sold for a total price of $1,550,000, resulting in a price per square foot of $305.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,550,000
- Square Feet: 5,076
- Price per Square Foot: $305
- Address: 49 East Palisade Avenue, Englewood, NJ
- Market: Englewood, NJ
The buyer of the property is Agus Holdings, represented by Adam Agus and Meyer Tawil. The seller is Dr. Michael Rosenberg.
Players
New Jersey 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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93