Updated Dec 18, 2023
Carey Tajfel Acquires Store In Edison, NJ From Jeffrey B Markovitz For $4.4M
8 Cornwall Drive, Edison, New Jersey 08820, United States
$4,407,500
$1,531/SF
Building Size
2,878 SF
Asset Type
Retail
Closing
Mar 20, 2022
About this deal
AI
Located at 8 Cornwall Dr in Edison, NJ, this store has been sold in a recent transaction. The property was sold on March 21, 2022, for a price of $4,407,500. The store is situated in the Edison market and is an asset type store.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $4,407,500
- Address: 8 Cornwall Dr, Edison, NJ
- Market: Edison, NJ
The buyer of the property is Carey Tajfel, while the seller is Jeffrey B Markovitz.
The retail sale at 8 Cornwall Drive, Edison, New Jersey 08820, United States in Edison, New Jersey sold for $4.4M in 2022. The building is 2,878 square feet, implying about 1.5K per square foot on the published price. Named participants on the 8 Cornwall Drive, Edison, New Jersey 08820, United States sale are Carey Tajfel. This page is the Edison, New Jersey file for the 8 Cornwall Drive, Edison, New Jersey 08820, United States retail sold: pricing, party profiles, and other closed retail comps from the same Edison sit in the Market section below. Filter that Edison retail set by closing date to see what else sold near 8 Cornwall Drive, Edison, New Jersey 08820, United States around 2022. Published consideration for 8 Cornwall Drive, Edison, New Jersey 08820, United States is $4.4M, dated 2022. Cite this Carey Tajfel Acquires Store In Edison, NJ From Jeffrey B Markovitz For $4.4M sale when underwriting similar retail product around Edison, New Jersey.
Players
Edison Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Carey Tajfel to view all their deals.
Browse New Jersey retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.60%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93