NAI James E. Hanson Brokers Sell Chester, NJ Retail Property For $2.25M
24 Perry Street & 15 Seminary Ave
$2,250,000
$189/SF
Building Size
11,900 SF
Asset Type
Retail
Closing
Feb 28, 2023
About this deal
AI
The retail property located at 24 Perry Street & 15 Seminary Ave in Chester, NJ has been sold for $2,250,000. The property spans 11,900 square feet, resulting in a price per square foot of $189.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,250,000
- Address: 24 Perry Street & 15 Seminary Ave, Chester, NJ
- Market: Chester, NJ
- SF: 11,900
- PPSF: $189
The sale of this retail property was facilitated by Jonathan Kristofich and John Schilp of NAI James E. Hanson.
On the Map
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Market 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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93