Updated Dec 20, 2023
Kasia Walch Acquires Office Building In East Brunswick, NJ For $1.265M
162 Summerhill Road, East Brunswick, New Jersey 08816, United States
$1,265,000
$175/SF
Building Size
7,200 SF
Asset Type
Office
Closing
Jul 27, 2022
About this deal
AI
An office building located at 162 Summerhill Rd in East Brunswick, NJ, has been sold in a recent transaction. The property spans approximately 7,200 square feet and was sold for a total price of $1,265,000, resulting in a price per square foot of $175.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $1,265,000
- Buyer: Kasia Walch
- Seller: Piushbhai Patel
- Address: 162 Summerhill Rd, East Brunswick, NJ
- Market: East Brunswick, NJ
Kasia Walch acted as the buyer in this transaction, while Piushbhai Patel served as the seller. The deal marked the successful transfer of ownership for the office building located at 162 Summerhill Rd.
Players
East Brunswick 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
12.54%
Cash-on-Cash
-3.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93