Updated Dec 21, 2023
Keissier Wong Acquires Retail Property For $6.2M In East Brunswick NJ
1069 State Route 18, East Brunswick, New Jersey 08816, United States
$6,200,000
$431/SF
Building Size
14,366 SF
Asset Type
Retail
Closing
Jul 14, 2022
About this deal
AI
Located at 1069 State State Route 18 in East Brunswick, NJ, this retail property has recently been sold. The transaction took place on July 15, 2022, with a sale price of $6,200,000. The property spans a total area of 14,366 square feet, resulting in a price per square foot of $431.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,200,000
The buyer in this transaction is Keissier Wong, while the seller is Mi Ip. They were represented by their respective brokers throughout the deal.
Players
East Brunswick Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93