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1425 Brickell Avenue, Miami...

Yamal Yidios Sells 1425 Brickell Avenue 4BCD Condo In Miami For $11M
SOLD

Yamal Yidios Sells 1425 Brickell Avenue 4BCD Condo In Miami For $11M

1425 Brickell Avenue, Miami, Florida 33131, United States

$11,000,000

$2,460/SF

Building Size

4,470 SF

Asset Type

Closing

Mar 16, 2022

AI

A condo located at 1425 Brickell Avenue 4BCD in Miami has been sold for $11,000,000. The property spans a total area of 5,798 square feet, resulting in a price per square foot of $1,897. The sale took place on March 17, 2022.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $11,000,000
  • Address: 1425 Brickell Avenue 4BCD, Miami
  • Market: Miami

The seller of the condo was Yamal Yidios, representing Ytech. The buyer was represented by Vivian Aponte Blane from The Keyes Company. Lourdes Alatriste from Douglas Elliman acted as the seller's representative in the transaction.

Players

Lourdes Alatriste

Douglas Elliman

Broker

$535.9M

vol

38 deals

Broker
Yamal Yidios

Yamal Yidios

Ytech

Seller

$769.6M

vol

10 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

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93