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85 Tyler Pl, South Plainfie...

Updated Dec 21, 2023

Jeffrey Puzlizzi Acquires South Plainfield Industrial Property For $2.25M
SOLDIndustrial

Jeffrey Puzlizzi Acquires South Plainfield Industrial Property For $2.25M

85 Tyler Pl, South Plainfield, NJ, USA

$2,250,000

$239/SF

Building Size

9,408 SF

Asset Type

Industrial

Closing

Feb 22, 2021

About this deal

AI

Located at 85 Tyler Pl in South Plainfield, this industrial property has been sold in a recent transaction. The property spans 9,408 square feet and was sold at a price of $2,250,000, resulting in a price per square foot of $239.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,250,000
  • Address: 85 Tyler Pl, South Plainfield
  • Market: South Plainfield

Jeffrey Puzlizzi purchased the property from Thomas D Dunham, Jr. in this transaction.

The industrial sale at 85 Tyler Pl, South Plainfield, NJ, USA in South Plainfield, New Jersey sold for $2.3M in 2021. The building is 9,408 square feet, implying about 239 per square foot on the published price. This page is the South Plainfield, New Jersey file for the 85 Tyler Pl, South Plainfield, NJ, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same South Plainfield sit in the Market section below. Filter that South Plainfield industrial set by closing date to see what else sold near 85 Tyler Pl, South Plainfield, NJ, USA around 2021. Published consideration for 85 Tyler Pl, South Plainfield, NJ, USA is $2.3M, dated 2021. Cite this Jeffrey Puzlizzi Acquires South Plainfield Industrial Property For $2.25M sale when underwriting similar industrial product around South Plainfield, New Jersey.

Players

South Plainfield Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $239 per square foot on a published $2.3M for 9,408 square feet (2021).

Browse New Jersey industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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