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8829 New Falls Road

Retail Property Sells For $3.5M In Levittown With Brokers John Schilp Jonathan Kristofich Ayush Patel
SOLDRetail

Retail Property Sells For $3.5M In Levittown With Brokers John Schilp Jonathan Kristofich Ayush Patel

8829 New Falls Road

$3,500,000

$318/SF

Building Size

11,000 SF

Asset Type

Retail

Closing

Dec 3, 2025

AI

The asset involved in the transaction is a retail property located at 8829 New Falls Road in Levittown. It was sold for $3,500,000. The property encompasses a total square footage of 11,000, resulting in a price per square foot of $318.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,500,000
  • Square Footage: 11,000
  • Price Per Square Foot: $318
  • Address: 8829 New Falls Road
  • Market: Levittown

The brokers involved in the transaction are John Schilp, Jonathan Kristofich, and Ayush Patel, all representing NAI James E. Hanson. Their roles were crucial in facilitating the sale of the property.

Players

John Schilp

NAI Global

Broker

$18.5M

vol

6 deals

Broker
NAI James E. Hanson
NAI James E. HansonBrokerage

Levittown 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93