Alejandro Fuentes And Jose Jesus Garcia Acquire Retail Property At 205-07 Chestnut Street For $1.4M
205-07 Chestnut Street
$1,400,000
$578/SF
Building Size
2,419 SF
Asset Type
Retail
Closing
Aug 7, 2026
AI
The property asset involved in this transaction is a retail space located at 205-07 Chestnut Street in the Philadelphia market. The sale price of the property was $1,400,000, and it has a total square footage of 2,419. The price per square foot is calculated at $578.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,400,000
- Square Footage: 2,419
- Price per Square Foot: $578
- Buyer: Alejandro Fuentes & Jose Jesus Garcia
- Seller: Howard Voluck, Ronald Voluck & Sylvia Voluck
- Broker: Billy Creagh - National Realty Commercial
The transaction was facilitated by the broker Billy Creagh representing the sellers Howard Voluck, Ronald Voluck & Sylvia Voluck in this deal. This transaction highlights the collaborative efforts in the real estate market by trusted professionals.
Philadelphia 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93