Updated Oct 28, 2024
469 Cranbury Road LLC Acquires East Brunswick Commercial Property For $1 Million
469 Cranbury Rd, East Brunswick, NJ, USA
$1,000,000
$231/SF
Building Size
4,328 SF
Asset Type
Commercial
Closing
Aug 24, 2021
About this deal
AI
The commercial property located at 469 Cranbury Rd in East Brunswick has been sold in a recent transaction. The property spans 4,328 square feet and was sold for a price of $1,000,000, resulting in a price per square foot of $231.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $1,000,000
- Square Footage: 4,328
- Price per Square Foot: $231
- Market: East Brunswick
The buyer of the property is 469 Cranbury Road LLC, while the seller is Henry & Jeanne Sowa.
Players
East Brunswick Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93