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Jon Dario Acquires Retail Property On Bleeker St, Newark For $1.91M

Property Image
SOLD
$1,913,300

New Jersey

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Retail
Sold 02/23/2022
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Property Image
SOLD

Jon Dario Acquires Retail Property On Bleeker St, Newark For $1.91M

13 Bleeker Street, Newark, New Jersey 07102, United States

See Similar Deals
Retail
Sold 02/23/2022
Contact now

Summary

NEW JERSEY
Asset Type:Retail
Transaction Type:Sale

The property asset involved in the transaction is located at 9-13 Bleeker St, Newark, NJ. This retail asset was sold for $1,913,300.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,913,300
  • Buyer: Jon Dario
  • Seller: Cecilia Zalkind
  • Sale Date: 02/23/2022

This transaction was facilitated with Jon Dario as the buyer and Cecilia Zalkind as the seller, without any additional brokers or agencies involved in the deal.

Players

22 deals$3B volume
BROKER

Jon Dario
22 deals$3B volume
BUYER

Details

SOLD
IMAGE: 02/23/2022 ADDRESS: 9-13 Bleeker St MARKET: Newark, NJ ASSET TYPE: Retail BUYER: Jon Dario SELLER: Cecilia Zalkind PRICE: $1,913,300

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$102,042.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,797.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,070.02
Annual Debt Service$108,840.22