Updated Sep 9, 2024
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
About this deal
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.
On the Map
$3,780,000
$212/SF
Retail
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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