03/30/2021 - Local Investor Purchases Former Medical Office

Contact: Jeffrey Williams

Telephone: (609) 586-1000 ext. 23

E-mail: jwilliams@richardsoncommercial.com

Local Investor Purchases Former Medical Office

HAMILTON, NJ, March 30, 2021 – Since the mid-1980s, Dr. Bhanwarlal Chowdhury, MD ran his medical practice out of his office building at 1757 South Broad Street. When he was ready to sell, he enlisted the help of Jeffrey Williams, Realtor Associate at Richardson Commercial REALTORS®.

While many properties in the Broad Street area have been sitting for extended periods of time without selling, the two-story, 2,280± square foot building was in good condition and well maintained throughout the years. As the listing agent representing the sellers, Dr. Bhanwarlal and Mrs. Indu Chowdhury, Jeff Williams marketed the property and secured a buyer.

“We were happy to work with Jeff,” said Dr. Chowdhury. “He was extremely professional and thorough in his follow-up and communication.”

Vinny Chawla of Joseph R. Ridolfi & Associates was the selling agent representing the buyer, Gary Chawla, a local investor. Chawla is renovating the Broad Street medical office and turning it into rental apartments. He already owns the property next door, which he also renovated to create rental units.

A division of one of the Delaware Valley’s premier full-service commercial real estate, appraisal and property management firms, Richardson Commercial prides itself in combining education, marketing savvy, seasoned counsel and an in-depth knowledge of the Central Jersey and Eastern Pennsylvania markets to successfully sell properties and help clients reach their investment goals. The Richardson Commercial umbrella also includes the Richardson Management Group and Lexington Appraisal Group. For more information, please visit richardsoncommercial.com.

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