Updated Jul 8, 2025
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
About this deal
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.
The industrial sale at 130 East 5th Street in Plainfield, New Jersey sold for $4.3M in 2025. The building is 41 square feet, implying about 103.7K per square foot on the published price. Ohad Babo, Kassin Sabbagh Realty appear on the sale alongside Kassin Sabbagh Realty. This page is the Plainfield, New Jersey file for the 130 East 5th Street industrial sold: pricing, party profiles, and other closed industrial comps from the same Plainfield sit in the Market section below. Filter that Plainfield industrial set by closing date to see what else sold near 130 East 5th Street around 2025. Published consideration for 130 East 5th Street is $4.3M, dated 2025. Cite this Ohad Babo Of Kassin Sabbagh Realty Represents Sale Of Residential Redevelopment In Plainfield For $4.25M sale when underwriting similar industrial product around Plainfield, New Jersey.
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