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Morris Sabbagh, Abraham Kassin & Jack Zalta Sell Industrial Complex In Pelham For $3.95M

Property Image
SOLD
$3,950,000
Eli Yadid
Morris Sabbagh
+ 3

New York

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Industrial18,000 SF
Sold 08/29/2025
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Property Image
SOLD

Morris Sabbagh, Abraham Kassin & Jack Zalta Sell Industrial Complex In Pelham For $3.95M

5 Canal Road

See Similar Deals
Industrial18,000 SF
Sold 08/29/2025
Eli Yadid
Morris Sabbagh
+ 3
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$219
Total Square Footage:18,000 SF
Transaction Type:Sale

This industrial/sport complex located at 5 Canal Road in Pelham was sold for $3,950,000. The property spans 18,000 square feet, resulting in a price per square foot of $219.

Summary of transaction details:

The transaction involved several key individuals, including the sellers Morris Sabbagh, Abraham Kassin, and Jack Zalta, representing a coordinated effort in this sale. Eli Yadid of KSR represented the buyer, while the seller was represented by Ariel Castellanos and Federico Mazzeo from Pinnacle Realty of New York.

Players

Federico Mazzeo
24 deals$121.6M volume(718) 371-6424
BROKER

Ariel Castellanos
Pinnacle Realty of New York
27 deals$175.2M volume
BROKER

Jack Zalta
Kassin Sabbagh Realty
22 deals$166.6M volume
BROKER

Morris Sabbagh
Kassin Sabbagh Realty
13 deals$197M volume
BROKER

Eli Yadid
Kassin Sabbagh Realty
38 deals$16M volume
BROKER

Abraham Kassin
Kassin Sabbagh Realty
13 deals$90.5M volume
BROKER

Jack Zalta
22 deals$166.6M volume
SELLER

Morris Sabbagh
13 deals$197M volume
SELLER

Abraham Kassin
13 deals$90.5M volume
SELLER

Details

SOLD
IMAGE: Eli Yadid, Morris Sabbagh, Abraham Kassin & Jack Zalta DATE: 8/29/2025 ADDRESS: 5 Canal Road MARKET: Pelham ASSET TYPE: Industrial/Sport Complex SELLER: Morris Sabbagh, Abraham Kassin & Jack Zalta BUYER'S REP: Eli Yadid - KSR (@Kassin_Sabbagh_Realty) SELLER'S REP: Ariel Castellanos & Federico Mazzeo - Pinnacle Realty of New York (@PinnacleRENY) SALE PRICE: $3,950,000 SF: 18,000 ~ PPSF: $219

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$210,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,033.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,725.02
Annual Debt Service$224,700.18