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Purvish Patel Acquires Office Building At 8829 New Falls Road For $3.5M With Maxim Shtraus As Buyer's Representative

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SOLD
$3,500,000

Pennsylvania

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Office11,000 SF
Sold 12/04/2025
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Property Image
SOLD

Purvish Patel Acquires Office Building At 8829 New Falls Road For $3.5M With Maxim Shtraus As Buyer's Representative

8829 New Falls Road

See Similar Deals
Office11,000 SF
Sold 12/04/2025
the dealplayerscompscontact
Contact now

Summary

PENNSYLVANIA
Asset Type:Office
Price Per Square Foot:$318
Total Square Footage:11,000 SF
Transaction Type:Sale

The property involved in this transaction is an office asset located at 8829 New Falls Road in the Fallsington market. The sale price for this property was $3,500,000. The building encompasses an area of 11,000 square feet, equating to a price per square foot of $318.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,500,000
  • Address: 8829 New Falls Road
  • Market: Fallsington
  • Square Footage: 11,000 SF
  • Price Per Square Foot: $318
  • Buyer: Purvish Patel
  • Seller: Brian Trematore
  • Buyer's Representative: Maxim Shtraus - Elite Realty Group Unl. Inc.

The key individuals involved in this deal include buyer Purvish Patel and seller Brian Trematore. Maxim Shtraus, representing the buyer, is affiliated with Elite Realty Group Unl. Inc.

Players

Maxim Shtraus
Elite Realty Group Unl. Inc.
Maxim Shtraus
2 deals$6.1M volume(215) 630-4620
BROKER

Details

SOLD
IMAGE: Maxim Shtraus DATE: 12/04/2025 ADDRESS: 8829 New Falls Road MARKET: Fallsington ASSET TYPE: Office BUYER: Purvish Patel SELLER: Brian Trematore BUYER'S REP: Maxim Shtraus (@Maximo_Fosho) - Elite Realty Group Unl. Inc. SALE PRICE: $3,500,000 SF: 11,000 ~ PPSF: $318

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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