Retail Property At 184 Elm Street In Westfield Sold For $3.7M By Kislak Brokers
184 Elm Street
$3,700,000
$616/SF
Building Size
6,000 SF
Asset Type
Retail
Closing
Jul 7, 2026
AI
The retail asset located at 184 Elm Street in Westfield is involved in a sale transaction, which has been finalized for a total price of $3,700,000. The property encompasses a total square footage of 6,000, resulting in a price per square foot of $616.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $3,700,000
- Address: 184 Elm Street
- Market: Westfield
- Square Footage: 6,000
- Price per Square Foot: $616
Tom Scatuorchio and Matt Weilheimer from Kislak represented the parties in this transaction, facilitating the sale process and ensuring a successful closure of the deal.
Players
Westfield 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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93