429 Lenox Ave
429 Lenox Ave, Miami Beach, FL, 33139
$23,000,000
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
No summary available.
The commercial loan at 429 Lenox Ave, Miami Beach, FL, 33139 in Miami Beach, Florida financed for $23M in 2024. Paul Stasaitis, Maxx Carney, JLL appear on the loan alongside JLL. This page is the Miami Beach, Florida file for the 429 Lenox Ave, Miami Beach, FL, 33139 commercial financed: pricing, party profiles, and other closed commercial comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach commercial set by closing date to see what else financed near 429 Lenox Ave, Miami Beach, FL, 33139 around 2024. Published consideration for 429 Lenox Ave, Miami Beach, FL, 33139 is $23M, dated 2024. Cite this 429 Lenox Ave loan when underwriting similar commercial product around Miami Beach, Florida.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93