Updated Oct 28, 2024
6099 Highway 35 Retail Property In South Amboy Sold To 6099 Route 35 LLC For $1,155,000
6099 State Highway 35, South Amboy, NJ, USA
$1,155,000
$577/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Apr 5, 2021
About this deal
AI
6099 Highway 35, located in South Amboy, was recently sold for a price of $1,155,000. The property, classified as a retail asset, was acquired by 6099 Route 35 LLC.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,155,000
- Address: 6099 Highway 35
- Market: South Amboy
The buyer, 6099 Route 35 LLC, successfully completed the purchase of the property. No additional information regarding the transaction was provided.
The retail sale at 6099 State Highway 35, South Amboy, NJ, USA in South Amboy, New Jersey sold for $1.2M in 2021. The building is 2,000 square feet, implying about 577 per square foot on the published price. This page is the South Amboy, New Jersey file for the 6099 State Highway 35, South Amboy, NJ, USA retail sold: pricing, party profiles, and other closed retail comps from the same South Amboy sit in the Market section below. Filter that South Amboy retail set by closing date to see what else sold near 6099 State Highway 35, South Amboy, NJ, USA around 2021. Published consideration for 6099 State Highway 35, South Amboy, NJ, USA is $1.2M, dated 2021. Cite this 6099 Highway 35 Retail Property In South Amboy Sold To 6099 Route 35 LLC For $1,155,000 sale when underwriting similar retail product around South Amboy, New Jersey.
Players
South Amboy 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
13.73%
Cash-on-Cash
-3.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93