Updated Aug 27, 2025
David Greek Acquires Office Building In Piscataway, NJ For $5.5M
555 River Road, Piscataway, New Jersey 08854, United States
$5,500,000
$28/SF
Building Size
191,164 SF
Asset Type
Office
Closing
Sep 28, 2022
About this deal
AI
An office building located at 555 River Rd in Piscataway, NJ was recently sold on September 29, 2022. The property spans across 191,164 square feet and was sold for a price of $5,500,000, resulting in a price per square foot of $28.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $5,500,000
- Square Footage: 191,164
- Price per Square Foot: $28
- Address: 555 River Rd, Piscataway, NJ
- Market: Piscataway, NJ
The buyer of the office building is David Greek, while the seller is Terri Hamill.
On the Map
$5,500,000
$28/SF
Office
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Players
Piscataway 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93