Avrohom Shlaff Acquires Warehouse In Perth Amboy For $10.65 Million From Zaki Turkieh
611 Sayre Avenue
$10,650,000
$92/SF
Building Size
115,000 SF
Asset Type
Warehouse
Closing
Jul 8, 2026
AI
The asset involved in this transaction is a warehouse located at 611 Sayre Avenue in Perth Amboy. The sale price of the property was $10,650,000, covering a total area of 115,000 square feet, which results in a price per square foot of $92.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $10,650,000
- Address: 611 Sayre Avenue
- Market: Perth Amboy
- Square Footage: 115,000
- Price per Square Foot: $92
- Buyer: Avrohom Shlaff
- Seller: Zaki Turkieh
- Brokers: Henry Eisenstein - EXP Realty; Timothy Emrich & Joseph Spinella - Keller Williams Realty
Henry Eisenstein represented EXP Realty in this transaction, while Timothy Emrich and Joseph Spinella represented Keller Williams Realty. The collaboration of these brokers facilitated the successful execution of this commercial real estate deal.
Players
Perth Amboy Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93