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122 Quentin Ave

Leon Farhi Acquires Warehouse From Chaim Streicher In New Brunswick For $13.45M
SOLDWarehouse

Leon Farhi Acquires Warehouse From Chaim Streicher In New Brunswick For $13.45M

122 Quentin Ave

$13,450,000

Building Size

Asset Type

Warehouse

Closing

Sep 17, 2020

AI

The asset involved in this transaction is a warehouse located at 122 Quentin Ave in New Brunswick. The property was sold for a total amount of $13,450,000.00.

Summary of transaction details:

The deal was facilitated by Zachary Fuchs and Kobi Zamir, both of whom represent GFI Realty Services in this transaction. They played a crucial role in connecting the buyer, Leon Farhi, with the seller, Chaim Streicher, to complete the sale of the property.

Players

Zachary Fuchs

GFI Realty Services

Broker

$325.2M

vol

63 deals

Broker

Leon Farhi

Buyer
Buyer

Chaim Streicher

Seller

$3.6M

vol

1 deal

Seller

New Brunswick Warehouse Market Snapshot

Boundary boundary · Warehouse · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93