Updated Dec 19, 2023
Fong K Chan & Su Fong Liu Chan Acquires Commercial Property In Piscataway, NJ For $1.2M
605 River Road, Piscataway, New Jersey 08854, United States
$1,200,000
Building Size
—
Asset Type
Commercial
Closing
Jan 10, 2022
About this deal
AI
The commercial property located at 605 River Rd in Piscataway, NJ was recently sold for $1,200,000. The transaction took place on 01/11/2022.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $1,200,000
- Address: 605 River Rd, Piscataway, NJ
- Market: Piscataway, NJ
The buyer of the property is Fong K Chan & Su Fong Liu Chan, while the seller is Ronald G Lapczynski.
The commercial sale at 605 River Road, Piscataway, New Jersey 08854, United States in Piscataway, New Jersey sold for $1.2M in 2022. 605 River Road, Piscataway, New Jersey 08854, United States is classified as Commercial on Traded. This page is the Piscataway, New Jersey file for the 605 River Road, Piscataway, New Jersey 08854, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Piscataway sit in the Market section below. Filter that Piscataway commercial set by closing date to see what else sold near 605 River Road, Piscataway, New Jersey 08854, United States around 2022. Published consideration for 605 River Road, Piscataway, New Jersey 08854, United States is $1.2M, dated 2022. Cite this Fong K Chan & Su Fong Liu Chan Acquires Commercial Property In Piscataway, NJ For $1.2M sale when underwriting similar commercial product around Piscataway, New Jersey.
Players
Piscataway 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93