611 W 112 St Realty Corp Acquires Retail Property On 52 New Bridge Rd In Bergenfield For $5.9M
SOLD
$5,940,000
New Jersey
See Similar DealsRetail13,692 SF
Sold 07/27/2022
SOLD
611 W 112 St Realty Corp Acquires Retail Property On 52 New Bridge Rd In Bergenfield For $5.9M
52 New Bridge Road
See Similar DealsRetail13,692 SF
Sold 07/27/2022
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$433
Total Square Footage:13,692 SF
Transaction Type:Sale
A retail property located at 52 New Bridge Rd in Bergenfield has been sold for a total of $5,940,000. The property spans 13,692 square feet, resulting in a price per square foot of $434. The transaction took place on July 27, 2022, and the property was sold by MACS LLC to the buyer, 611 W 112 St Realty Corp. The sale represents a 5% capitalization rate.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,940,000
- Property Address: 52 New Bridge Rd
- Market: Bergenfield
Horvath & Tremblay represented the buyer, 611 W 112 St Realty Corp, in the transaction. The brokerage team involved in the deal consisted of Rob DiFranco and Mike Lombardi, who facilitated the successful sale of the property.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$316,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,103.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,158.63
Annual Debt Service$337,903.57
Is there something missing? Send suggestions