SOLDRetail
NAI DiLeo-Bram & Co. Brokers Sell Retail Property On Park Ave In Plainfield For $1.7M
607 Park Avenue, Plainfield, New Jersey 07060, United States
$1,700,000
$140/SF
Building Size
12,143 SF
Asset Type
Retail
Closing
Jun 8, 2022
AI
A retail property located at 607-619 Park Ave in Plainfield has been sold for a total of $1,700,000. The property spans 12,143 square feet, resulting in a price per square foot of $140.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,700,000
- Square Footage: 12,143
- Price per Square Foot: $140
- Address: 607-619 Park Ave, Plainfield
- Market: Plainfield
The sale of this retail property was facilitated by brokers Marc Shein and Kelly Bayer from NAI DiLeo-Bram & Co.
Players
Plainfield Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93