Updated Dec 18, 2023
Dhruti Shah & Niraj Shukla Acquire Commercial Property In Hillside, NJ For $1.15M
426 New York Place, Hillside, New Jersey 07205, United States
$1,150,000
Building Size
—
Asset Type
Commercial
Closing
Mar 10, 2022
About this deal
AI
The commercial property located at 422-426 New York Pl in Hillside, NJ was recently sold for a price of $1,150,000. The transaction took place on 03/11/2022.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $1,150,000
- Address: 422-426 New York Pl, Hillside, NJ
- Buyer: Dhruti Shah & Niraj Shukla
- Seller: John G Kulish & Barbara A Kulish
Dhruti Shah and Niraj Shukla were the buyers of the property, while John G Kulish and Barbara A Kulish were the sellers.
The commercial sale at 426 New York Place, Hillside, New Jersey 07205, United States in Hillside, New Jersey sold for $1.2M in 2022. 426 New York Place, Hillside, New Jersey 07205, United States is classified as Commercial on Traded. This page is the Hillside, New Jersey file for the 426 New York Place, Hillside, New Jersey 07205, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Hillside sit in the Market section below. Filter that Hillside commercial set by closing date to see what else sold near 426 New York Place, Hillside, New Jersey 07205, United States around 2022. Published consideration for 426 New York Place, Hillside, New Jersey 07205, United States is $1.2M, dated 2022. Cite this Dhruti Shah & Niraj Shukla Acquire Commercial Property In Hillside, NJ For $1.15M sale when underwriting similar commercial product around Hillside, New Jersey.
Players
Hillside Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93