Colby Piper, Stephen R. Preuss Sr. & Kevin Louie Of Ripco Sold Office In Ewing For $1.3M
1330 Parkway Avenue
$1,300,000
$70/SF
Building Size
18,492 SF
Asset Type
Office
Closing
May 31, 2026
AI
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
Ewing Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93