Heinrich Von Hanau And Sandra Fiorenza Sell Land In Fisher Island For $13M
1003 Links Estates Drive, Fisher Island
$13,000,000
Building Size
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Asset Type
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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
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