Updated Oct 29, 2024
Krispin Realty LLC Acquires Retail Property In Rahway, NJ For $1.4M
2105 US-1, Rahway, NJ 07065, USA
$1,400,000
$769/SF
Building Size
1,820 SF
Asset Type
Retail
Closing
Oct 13, 2022
About this deal
AI
The retail property located at 2105 US-1 in Rahway, NJ has been sold in a closed transaction for a price of $1,400,000. The property spans 1,820 square feet, resulting in a price per square foot of $769.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,400,000
- Address: 2105 US-1, Rahway, NJ
- Market: Rahway, NJ
- Square Footage: 1,820
The buyer of the property is Krispin Realty LLC, while KA Rahway LLC acted as the seller. Matt Grundy from RIPCO Real Estate represented the seller as their broker. The transaction was facilitated by Matt Grundy, the Managing Director of Ripco Real Estate LLC, who can be contacted at [email protected] or 201-777-2300.
On the Map
$1,400,000
$769/SF
Retail
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Players
Rahway 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93