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Colby Piper, Stephen R. Preuss Sr. & Kevin Louie Of Ripco Sold Office In Ewing For $1.3M

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SOLD
$1,300,000

New Jersey

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Office18,492 SF
Sold 06/01/2026
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Property Image
SOLD

Colby Piper, Stephen R. Preuss Sr. & Kevin Louie Of Ripco Sold Office In Ewing For $1.3M

1330 Parkway Avenue

See Similar Deals
Office18,492 SF
Sold 06/01/2026
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Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$70
Total Square Footage:18,492 SF
Transaction Type:Sale

The property involved in this transaction is an office asset located at 1330 Parkway Avenue in the Ewing market. The sale price for the property was $1,300,000, and it encompasses a total square footage of 18,492.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,300,000
  • Address: 1330 Parkway Avenue
  • Market: Ewing
  • Square Footage: 18,492
  • Seller's Representatives: Colby Piper, Stephen R. Preuss Sr. & Kevin Louie - Ripco

The deal was facilitated by seller's representatives Colby Piper, Stephen R. Preuss Sr., and Kevin Louie, who are associated with Ripco. These individuals played a crucial role in representing the seller throughout the transaction process.

Players

Kevin Louie
126 deals$1B volume(718) 663-2642
BROKER

Stephen R. Preuss Sr.
Ripco
259 deals$2B volume(718) 663-2639
BROKER

Colby Piper
Ripco
4 deals$2.9M volume
BROKER

Details

SOLD
IMAGE: Stephen R. Preuss Sr., Colby Piper & Kevin Louie DATE: 06/01/2026 ADDRESS: 1330 Parkway Avenue MARKET: Ewing ASSET TYPE: Office SELLER'S REP: Colby Piper (@CrewithColbs), Stephen R. Preuss Sr. & Kevin Louie (@Kevin.Louie_investment_sales) - Ripco (@RipcoInvestmentSales) SALE PRICE: $1,300,000 SF: 18,492

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$69,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96