Colby Piper, Stephen R. Preuss Sr. & Kevin Louie Of Ripco Sold Office In Ewing For $1.3M
SOLD
New Jersey
See Similar DealsOffice18,492 SF
Sold 06/01/2026
SOLD
Colby Piper, Stephen R. Preuss Sr. & Kevin Louie Of Ripco Sold Office In Ewing For $1.3M
1330 Parkway Avenue
See Similar DealsOffice18,492 SF
Sold 06/01/2026
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.
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Deal Type
30 years
10 years
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
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