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:
- Property Type: Warehouse
- Transaction Amount: $13,450,000.00
- Buyer: Leon Farhi
- Seller: Chaim Streicher
- Brokers: Zachary Fuchs, Kobi Zamir (GFI Realty Services)
- Sale Date: 09/17/2020
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
New Brunswick Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
Loading comparables…
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