2920 Ridgeway Road Retail Sold For $1.997M With Brokers Anthony Bird Richard Nardi Anthony D'Ambrosia
SOLD
$1,997,661
New Jersey
See Similar DealsRetail9,026 SF
Sold 04/20/2025
SOLD
2920 Ridgeway Road Retail Sold For $1.997M With Brokers Anthony Bird Richard Nardi Anthony D'Ambrosia
2920 Ridgeway Road
See Similar DealsRetail9,026 SF
Sold 04/20/2025
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$221
Total Square Footage:9,026 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 2920 Ridgeway Road in Manchester. The sale price was $1,997,661 for a total square footage of 9,026, which translates to a price per square foot of $221.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,997,661
- Square Footage: 9,026
- Price per Square Foot: $221
- Address: 2920 Ridgeway Road
- Market: Manchester
The brokers involved in this transaction were Anthony Bird, Richard Nardi, and Anthony D'Ambrosia representing Surmount. The property was sold for a price above the original listing.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,541.92
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,097.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,469.93
Annual Debt Service$113,639.19
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