Updated Oct 12, 2026
11th Avenue Properties Inc. Acquires Retail Asset From Landmark Real Estate In Bergenfield For $4.45M
5 Washington Ave
$4,450,000
Building Size
—
Asset Type
Retail
Closing
May 1, 2017
About this deal
AI
The transaction involved a retail property located at 5 Washington Ave in Bergenfield. The sale price for the asset was $4,450,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,450,000.00
- Buyer: 11th Avenue Properties Inc.
- Seller: Landmark Real Estate
- Date of Sale: 05/01/2017
- Brokers: Yisroel Pershin, Eli Shilian
This deal was facilitated by brokers Yisroel Pershin and Eli Shilian, representing the buyer and seller, respectively. Their roles were crucial in the successful execution of the transaction.
The retail sale at 5 Washington Ave in Bergenfield, New Jersey sold for $4.5M in 2017. 5 Washington Ave is classified as Retail on Traded. Yisroel Pershin, Eli Shilian, GFI Realty Services appear on the sale alongside GFI Realty Services. This page is the Bergenfield, New Jersey file for the 5 Washington Ave retail sold: pricing, party profiles, and other closed retail comps from the same Bergenfield sit in the Market section below. Filter that Bergenfield retail set by closing date to see what else sold near 5 Washington Ave around 2017. Published consideration for 5 Washington Ave is $4.5M, dated 2017. Cite this 11th Avenue Properties Inc. Acquires Retail Asset From Landmark Real Estate In Bergenfield For $4.45M sale when underwriting similar retail product around Bergenfield, New Jersey.
On the Map
$4,450,000
Retail
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Players
Bergenfield 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
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93