Updated Dec 21, 2023
Den Yee Steve Yu Acquires Retail Property In East Brunswick, NJ For $3.5M
6 Edgeboro Road, East Brunswick, New Jersey 08816, United States
$3,500,000
$132/SF
Building Size
26,337 SF
Asset Type
Retail
Closing
Jul 25, 2022
About this deal
AI
Located at 6 Edgeboro Rd in East Brunswick, NJ, this retail property was recently sold in a closed transaction. The property spans a total area of 26,337 square feet and was sold for a price of $3,500,000, resulting in a price per square foot of $132.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,500,000
- Address: 6 Edgeboro Rd, East Brunswick, NJ
- Square Footage: 26,337
- Price per Square Foot: $132
- Buyer: Den Yee Steve Yu
- Seller: Michael Resch
Den Yee Steve Yu was the buyer in this transaction, while the seller was Michael Resch.
Players
South River 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93