SOLDOffice
Ahron Zilberstein Acquires Office Space On Delano Street For $3.68M
14553 Delano Street
$3,680,000
$185/SF
Building Size
19,840 SF
Asset Type
Office
Closing
Feb 16, 2024
AI
The office located at 14553 Delano Street in Van Nuys was sold for $3,680,000. The property spans 19,840 square feet, resulting in a price per square foot of $185.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,680,000
- Address: 14553 Delano Street
- Market: Van Nuys
- Buyer: Ahron Zilberstein
- Seller: Christopher Mathys
- Brokers: Benjamin Gribnau, Jake Zacuto & Leor Binshtock - Zacuto Group
The deal was facilitated by the brokers Benjamin Gribnau, Jake Zacuto, and Leor Binshtock from Zacuto Group, representing the buyer and seller in the transaction.
Players
Van Nuys Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.31%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93