Sanjay Patel's Rakhi Foods LLC Acquires Retail Property In South Plainfield, NJ For $2.15M

The retail property located at 2301 Park Avenue in South Plainfield, NJ has been sold for a price of $2,150,000. The transaction took place on December 30, 2021. The property spans an area of 11,345 square feet and was sold at a rate of $190 per square foot. The buyer of the property is Sanjay Patel, representing Rakhi Foods LLC. The seller of the property is Jeff Herskowitz, representing Melbourne Associates I LLC.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,150,000
• Square Footage: 11,345
• Address: 2301 Park Avenue, South Plainfield, NJ
• Market: South Plainfield, NJ

Representing the buyer, Sanjay Patel, Christopher Conway from The Goldstein Group facilitated the deal. On the seller's side, Steve Winter and Mike Horne from CBRE represented Jeff Herskowitz. Special thanks were given to Mike Horne and Steve Winters for their efforts in this transaction.