Agnaldo De Castro And Henry Eisenstein Represent Buyer In $21.43M Retail Sale In Secaucus NJ
585 Harmon Meadow Boulevard
$21,428,414
$518/SF
Building Size
41,322 SF
Asset Type
Retail
Closing
Dec 27, 2024
AI
The asset involved in this transaction is a retail property located at 585 Harmon Meadow Boulevard in Secaucus, NJ. The sale price for this property was $21,428,414, and it encompasses a total area of 41,322 square feet, equating to a price per square foot of $518.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $21,428,414
- Square Footage: 41,322
- Price per Square Foot: $518
- Market: Secaucus, NJ
- Buyer's Representatives: Agnaldo de Castro - eXp Commercial, Henry Eisenstein - EXP Realty
- Seller's Representatives: Judson Kauffman & Glen Kunofsky - NNN Pro
This transaction involved key representatives in the real estate sector. Agnaldo de Castro and Henry Eisenstein acted on behalf of the buyer, while the seller was represented by Judson Kauffman and Glen Kunofsky. Their expertise facilitated the successful closure of this significant retail property deal.
Players
Secaucus 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
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93