Myer Kahan Acquires Office Building In Toms River, NJ For $3.8M

The office property located at 36 Washington Street in Toms River, NJ has been sold. The property, known as Chez Eider, was sold on 11/23/2021 by the seller, Gary Lotano, to the buyer, Myer Kahan. The transaction was facilitated by broker Chez Eider from Marcus & Millichap. The property has a total square footage of 30,267 and was sold for a price of $3,885,000, which translates to a price per square foot of $128.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $3,885,000
• Address: 36 Washington Street, Toms River, NJ
• Seller: Gary Lotano
• Buyer: Myer Kahan
• Broker: Chez Eider - Marcus & Millichap

This transaction represents the sale of Chez Eider, an office property located at 36 Washington Street in Toms River, NJ. The property was successfully sold by the seller, Gary Lotano, to the buyer, Myer Kahan, with the assistance of broker Chez Eider from Marcus & Millichap. The property spans a total of 30,267 square feet and was sold for a price of $3,885,000, at a rate of $128 per square foot.