SOLDRetail
Rong Zhuang Purchases Retail Asset From Steve Janett For $3.015 Million In Verona
536 Bloomfield Avenue
$3,015,000
$239/SF
Building Size
12,600 SF
Asset Type
Retail
Closing
Jan 19, 2026
AI
The retail asset located at 526-538 Bloomfield Ave in Verona has been sold for $3,015,000. The property spans a total area of 12,600 square feet, translating to a price per square foot of $239.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,015,000
- Buyer: Rong Zhuang
- Seller: Steve Janett
- Broker: Roman Drukarov - Berkshire Hathaway HomeServices
Broker Roman Drukarov represented the seller, Steve Janett, in this transaction, facilitating the sale to the buyer, Rong Zhuang.
Verona 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
5.26%
Cash-on-Cash
-1.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93