SOLD
Sanjay Patel's Rakhi Foods LLC Acquires Retail Property In South Plainfield, NJ For $2.15M
2301 Park Avenue
Retail
11,345 SF
11,345 SF
Sold 1 year ago
Summary
Sale
NEW JERSEY
Retail
11,345 sqft
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.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Christopher Conway
DATE: 12/30/2021
ADDRESS: 2301 Park Avenue
MARKET: South Plainfield, NJ
ASSET TYPE: Retail
BUYER: Sanjay Patel - Rakhi foods LLC
SELLER: Jeff Herskowitz - Melbourne Associates I LLC
BUYER'S REP: Christopher Conway (@Retail_CRE) - The Goldstein Group
SELLER'S REP: Steve Winter & Mike Horne - CBRE
SALE PRICE: $2,150,000
SF: 11,345 ~ PPSF: $190
NOTE: Special thanks to Mike Horne & Steve Winters for their effortsView on map
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Address2301 Park Avenue
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