David Fisher Acquires Retail Property In Ewing From Samir Kotadia For $3.78M
962 North Olden Avenue
$3,780,000
$212/SF
Building Size
17,790 SF
Asset Type
Retail
Closing
Jun 27, 2022
AI
The retail property located at 1962 N Olden Ave Ext in Ewing was recently sold for a price of $3,780,000. The property spans a total area of 17,790 square feet, resulting in a price per square foot of $212. The transaction took place between the buyer, David Fisher, and the seller, Samir Kotadia.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,780,000
- Address: 1962 N Olden Ave Ext
- Market: Ewing
The transaction was facilitated by the broker team consisting of Josh Cordray, Michael Moreno, and Rahul Chhajed from Matthews Real Estate Investment Services.
Players
Trenton 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
4.20%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93