Updated Dec 21, 2023
Horvath & Tremblay Represents Sale Of Retail Property In Perth Amboy For $2.01M
147 New Brunswick Avenue, Perth Amboy, New Jersey 08861, United States
$2,014,375
$592/SF
Building Size
3,400 SF
Asset Type
Retail
Closing
Jun 22, 2022
About this deal
AI
An retail property located at 147 New Brunswick Ave in Perth Amboy was recently sold. The property has a total area of 3,400 square feet and was sold for a price of $2,014,375, resulting in a price per square foot of $592. The transaction took place on June 23, 2022, with a capitalization rate of 4%.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,014,375
- Address: 147 New Brunswick Ave
- Market: Perth Amboy
- Square Footage: 3,400
- Price per Square Foot: $592
- Capitalization Rate: 4%
Horvath & Tremblay represented both parties in the sale. The brokers involved in the transaction were Rob DiFranco and Mike Lombardi.
Players
Perth Amboy Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael "Mike" Lombardi to view all their deals.
Browse New Jersey retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.87%
Cash-on-Cash
-2.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93