Updated Dec 19, 2023
Rajendra Patel Acquires Retail Property On 258 Route 18, East Brunswick For $2.4M
258 New Jersey 18, East Brunswick, NJ, USA
$2,400,000
$142/SF
Building Size
16,841 SF
Asset Type
Retail
Closing
Jun 21, 2021
About this deal
AI
The retail property located at 258 Route 18 in East Brunswick has been sold for a total price of $2,400,000. The property spans a total area of 16,841 square feet, resulting in a price per square foot of $143.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 258 Route 18, East Brunswick
- Market: East Brunswick
- Buyer: Rajendra Patel
- Seller: Harriet Goodman
Rajendra Patel acted as the buyer in this transaction, while Harriet Goodman represented the seller.
The retail sale at 258 New Jersey 18, East Brunswick, NJ, USA in East Brunswick, New Jersey sold for $2.4M in 2021. The building is 16,841 square feet, implying about 142 per square foot on the published price. This page is the East Brunswick, New Jersey file for the 258 New Jersey 18, East Brunswick, NJ, USA retail sold: pricing, party profiles, and other closed retail comps from the same East Brunswick sit in the Market section below. Filter that East Brunswick retail set by closing date to see what else sold near 258 New Jersey 18, East Brunswick, NJ, USA around 2021. Published consideration for 258 New Jersey 18, East Brunswick, NJ, USA is $2.4M, dated 2021. Cite this Rajendra Patel Acquires Retail Property On 258 Route 18, East Brunswick For $2.4M sale when underwriting similar retail product around East Brunswick, New Jersey.
Players
East Brunswick 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93