Updated Dec 4, 2024
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
About this deal
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.
On the Map
$3,680,000
$185/SF
Office
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Van Nuys Office Market Snapshot
Boundary boundary · Office · Sale transactions
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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