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611 Sayre Avenue

Avrohom Shlaff Acquires Warehouse In Perth Amboy For $10.65 Million From Zaki Turkieh
SOLDWarehouse

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:

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

Joseph Spinella

Keller Williams Realty

Broker

$55.7M

vol

24 deals

Broker

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