Updated Dec 21, 2023
Marcus & Millichap Sells Trenton Retail Property On Greenwood Avenue For $1.73M
1901 Greenwood Avenue, Trenton, NJ, USA
$1,730,000
$173/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Nov 1, 2020
About this deal
AI
The retail property located at 1901 Greenwood Avenue in Trenton has been sold for a price of $1,730,000. The transaction took place on 11/02/2020, and the property spans across 10,000 square feet, resulting in a price per square foot of $173.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,730,000
- Square Footage: 10,000
- Price per Square Foot: $173
- Address: 1901 Greenwood Avenue
- Market: Trenton
The sale of this retail property was facilitated by Brent Hyldahl, Alan Cafiero, Ben Sgambati, and Matt Leszyk from Marcus & Millichap.
Players
Trenton 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
9.17%
Cash-on-Cash
-2.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93