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1723 Pennsylvania Avenue

Hadaf Printing Acquires Industrial Asset From Jimmy Khalifah For $2.15M In Linden
SOLDIndustrial

Hadaf Printing Acquires Industrial Asset From Jimmy Khalifah For $2.15M In Linden

1723 Pennsylvania Avenue

$2,150,000

$292/SF

Building Size

7,346 SF

Asset Type

Industrial

Closing

Jul 1, 2026

AI

The industrial property located at 1723 Pennsylvania Avenue in Linden has been sold for $2,150,000. The asset encompasses a total floor area of 7,346 square feet, resulting in a price per square foot of $292.

Summary of transaction details:

The transaction involved Hadaf Printing acquiring the property from seller Jimmy Khalifah, with Yanni Marmarou representing the seller in this deal. The successful completion of this sale marks a significant event in the local market.

Players

Yanni Marmarou

Investment Property Realty Group (IPRG)

Broker

$150.8M

vol

36 deals

Broker

Linden 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

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93