SOLDRetail
Jon Dario Acquires Retail Property On Bleeker St, Newark For $1.91M
13 Bleeker Street, Newark, New Jersey 07102, United States
$1,913,300
Building Size
—
Asset Type
Retail
Closing
Feb 22, 2022
AI
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
Newark 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
8.29%
Cash-on-Cash
-2.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93