Mohammad Mustamand Acquires Retail Property In Little Falls For $1,100,000 With Seller's Rep Marc Palestina, CJ Huter & Lew Finkelstein
555 Us Route 46
$1,100,000
$333/SF
Building Size
3,300 SF
Asset Type
Retail
Closing
Apr 30, 2026
AI
The retail asset located at 555 US Route 46 in the Little Falls market has changed hands. The transaction was executed at a sale price of $1,100,000, covering a total square footage of 3,300. The price per square foot stands at $333.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,100,000
- Address: 555 US Route 46
- Market: Little Falls
- Square Footage: 3,300
- Price Per Square Foot: $333
- Buyer: Mohammad Mustamand
- Seller: Dennis Messineo
- Seller's Representative: Marc Palestina, CJ Huter & Lew Finkelstein - VanRockCRE
The deal involved buyer Mohammad Mustamand acquiring the property from seller Dennis Messineo, with representation provided by Marc Palestina, CJ Huter, and Lew Finkelstein from VanRockCRE. These professionals facilitated the transaction, ensuring all parties were supported throughout the process.
Players
Little Falls 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93