Updated Sep 4, 2026
Bobby Chuen Purchases Medical Office In Wayne From Jeffrey Cohen For $3,304,000
468 Parish Drive
$3,304,000
$317/SF
Building Size
10,411 SF
Asset Type
Medical Office
Closing
Aug 28, 2026
About this deal
AI
The medical office located at 468 Parish Drive in Wayne has a sale price of $3,304,000. The asset encompasses a total square footage of 10,411 and has a price per square foot of $317.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $3,304,000
- Address: 468 Parish Drive
- Market: Wayne
- Square Footage: 10,411
- Price Per Square Foot: $317
- Buyer: Bobby Chuen
- Seller: Jeffrey Cohen
- Seller's Representative: Homer De Leon & Zachary Ziskin - Investment Property Realty Group (IPRG)
The transaction involved Bobby Chuen as the buyer and Jeffrey Cohen as the seller, with the representation by Homer De Leon and Zachary Ziskin, both affiliated with Investment Property Realty Group (IPRG). This collaboration indicates the involvement of experienced professionals in facilitating the transaction.
Players
Wayne Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.80%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93