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1003 Links Estates Drive, F...

Heinrich Von Hanau And Sandra Fiorenza Sell Land In Fisher Island For $13M
SOLD

Heinrich Von Hanau And Sandra Fiorenza Sell Land In Fisher Island For $13M

1003 Links Estates Drive, Fisher Island

$13,000,000

Building Size

Asset Type

Closing

Aug 11, 2022

AI

A parcel of land spanning approximately 0.7 acres in Fisher Island has been sold for a noteworthy price. Located at 1003 & 1004 Links Estates Drive, this property was recently part of a closed transaction. The sale was carried out by Heinrich Von Hanau and Sandra Fiorenza, represented by One Sotheby’s International. The final sale price for this land was $13,000,000.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $13,000,000
  • Address: 1003 & 1004 Links Estates Drive, Fisher Island
  • Market: Fisher Island
  • Land Size: 0.7 acres

The individuals responsible for finalizing this deal are Heinrich Von Hanau and Sandra Fiorenza, who were represented by One Sotheby's International in the transaction. With their expertise and negotiation skills, they successfully facilitated the sale of this valuable piece of land. The purchase of this property presents an exciting opportunity for the new owners to utilize the prime location and create something exceptional.

Players

Sandra Fiorenza

Douglas Elliman

Broker

$55.3M

vol

4 deals

Broker
One Sotheby’s International Realty
One Sotheby’s International RealtyBrokerage
Sandra Fiorenza

Sandra Fiorenza

One Sotheby’s International Realty

Seller

$55.3M

vol

4 deals

Seller

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93