SOLD
Scott Shalek & Eric Shalek Acquire Industrial Property In South Plainfield, NJ For $11.5M
456 Hollywood Avenue
Industrial
392 SF
392 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Industrial
392 sqft
The industrial property located at 456 Hollywood Avenue in South Plainfield, NJ has been sold. The property spans across 3.92 acres and was sold for a price of $11,475,000, resulting in a price per acre of $2,927,296. The transaction took place on April 28, 2023.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $11,475,000
- Address: 456 Hollywood Avenue, South Plainfield, NJ
- Market: South Plainfield, NJ
- Acre: 3.92
- Price per Acre: $2,927,296
In this deal, Scott Shalek & Eric Shalek, represented by Ridgecut Road and Marcus Partners, respectively, acted as the buyers. The sellers were Sky Hy Erectors & Equipment. The sale was facilitated by brokers David Warren, Shaya Nisnevitz, and Bunny Escava from KSR.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: David Warren, Eric Shalek, Shaya Nisnevitz, Scott Shalek & Bunny Escava
DATE: 04/28/2023
ADDRESS: 456 Hollywood Avenue
MARKET: South Plainfield, NJ
ASSET TYPE: Industrial
BUYER: Scott Shalek & Eric Shalek - Ridgecut Road; Marcus Partners
SELLER: Sky Hy Erectors & Equipment
BROKERS: David Warren (@DavidWarren1), Shaya Nisnevitz (@Shaya_Nisnevich) & Bunny Escava (@Bunnnyyy) - KSR (@Kassin_Sabbagh_Realty)
SALE PRICE: $11,475,000
ACRE: 3.92 ~ PPA: $2,927,296View on map
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Address456 Hollywood Avenue
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