facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Retail

/

Sale

/

811 Passaic Avenue

Pat Tortorello Acquires Retail Property From Nick Conforti In West Caldwell For $2.5M
SOLDRetail

Pat Tortorello Acquires Retail Property From Nick Conforti In West Caldwell For $2.5M

811 Passaic Avenue

$2,500,000

$500/SF

Building Size

5,000 SF

Asset Type

Retail

Closing

May 8, 2025

AI

The retail asset located at 811 Passaic Avenue in West Caldwell has a sale price of $2,500,000. The property encompasses 5,000 square feet and has a price per square foot of $500.

Summary of transaction details:

This transaction involves Pat Tortorello as the buyer and Nick Conforti as the seller, with Roman Drukarov representing the interests of the buyer in this deal through Berkshire Hathaway HomeServices.

Players

Roman Drukarov

Berkshire Hathaway HomeServices

Broker

$22.5M

vol

8 deals

Broker

West Caldwell 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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93