Updated Dec 4, 2024
Aaron Fish Acquires Retail Property In Howell, NJ From Charles Rangers
1805 Us Route 9
$2,500,000
$69/SF
Building Size
36,000 SF
Asset Type
Retail
Closing
Oct 11, 2023
About this deal
AI
A retail property located at 1805 US Route 9 in Howell, NJ has been sold for $2,500,000. The property spans a total area of 36,000 square feet and was sold at a price per square foot of $69. The transaction took place on October 11, 2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,500,000
- Address: 1805 US Route 9, Howell, NJ
- Size: 36,000 square feet
- Price per Square Foot: $69
The buyer of the property was Aaron Fish, while Charles Rangers acted as the seller. The deal was facilitated by Joseph Spinella from KW Commercial and Henry Eisenstein from EXP Realty. They served as the buyer and seller's representatives, respectively.
Players
Howell 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93