Updated Oct 29, 2024
Krispin Realty LLC Acquires Retail Property In Rahway, NJ For $1.4M
2105 US Highway 1, Rahway, New Jersey 07065, United States
$1,400,000
$1,400,000/SF
Building Size
1 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 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
The buyer of the property is Krispin Realty LLC, while the seller is KA Rahway LLC. The seller was represented by Matt Grundy from RIPCO Real Estate. Matt Grundy, as the seller's representative, played a key role in facilitating the transaction. You can contact Matt Grundy at [email protected] or by phone at 201-777-2300.
On the Map
$1,400,000
$1,400,000/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