SOLD
Joseph & Shlomo Althkefati Acquire Retail Property On 808 Route 1, Edison, NJ For $6.8M
808 Route 1
Retail
25,000 SF
25,000 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Retail
25,000 sqft
Joseph & Shlomo Althkefati have acquired a retail property located at 808 Route 1, Edison, NJ. The property, occupied by Maserati and Bentley of Edison, sits on 5.5 acres. The transaction took place on 12/15/2021, with the property being sold by 808 US Rt 1 LLC. The sale price for this transaction was $6,800,000, with an asking price of $7,200,000. The property measures approximately 25,000 square feet, resulting in a price per square foot of $272.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,800,000
- Address: 808 Route 1, Edison, NJ
- Market: Edison, NJ
- Buyer: Joseph & Shlomo Althkefati
- Seller: 808 US Rt 1 LLC
- Brokers: Josh Augenbaum - Augenbaum Realty Corp.; Brian Walsh - Davis Commercial
If you're interested in other properties for sale or lease, you can contact Josh Augenbaum of Augenbaum Realty Corp. at [email protected].
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Josh Augenbaum
DATE: 12/15/2021
ADDRESS: 808 Route 1
MARKET: Edison, NJ
ASSET TYPE: Retail
BUYER: Joseph & Shlomo Althkefati
SELLER: 808 US Rt 1 LLC
BROKERS: Josh Augenbaum (@AugenbaumRealtyNY) - Augenbaum Realty Corp.; Brian Walsh - Davis Commercial
ASKING PRICE: $7,200,000
SALE PRICE: $6,800,000
SF: 25,000 ~ PPSF: $272
NOTE: Property is occupied by Maserati and Bentley of Edison and sits on 5.5 acres.
Email [email protected] for all properties for sale or lease.View on map
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