SOLDIndustrial
Ohad Babo Of Kassin Sabbagh Realty Represents Sale Of Residential Redevelopment In Plainfield For $4.25M
130 East 5th Street
$4,250,000
$103,658/SF
Building Size
41 SF
Asset Type
Industrial
Closing
Jul 2, 2025
AI
The asset involved in the transaction is a residential redevelopment located at 130-140 East 5th Street, Plainfield, NJ. The sale price for the property was $4,250,000, and it spans 0.41 acres.
Summary of transaction details:
- Property Type: Residential Redevelopment
- Transaction Amount: $4,250,000
- Address: 130-140 East 5th Street
- Market: Plainfield, NJ
- Acres: 0.41
Ohad Babo from Kassin Sabbagh Realty represented the seller in this transaction, ensuring the deal was successfully executed.
Players
Plainfield Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93