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
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