Richard Pototsky Acquires Condo In Sunny Isles Beach From Polina Diyachenko
SOLD
Florida
See Similar Deals3,735 SF
Sold 09/06/2022
SOLD
Richard Pototsky Acquires Condo In Sunny Isles Beach From Polina Diyachenko
16047 Collins Avenue, Sunny Isles Beach, Florida 33160, United States
See Similar Deals3,735 SF
Sold 09/06/2022
Summary
FLORIDA
Price Per Square Foot:$990
Total Square Footage:3,735 SF
Transaction Type:Sale
The sale of a condo located at 16047 Collins Ave. in Sunny Isles Beach, FL has been completed. The property, spanning 3,735 square feet, was sold for a total price of $3,700,000 at a rate of $991 per square foot. The transaction took place on September 6, 2022.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $3,700,000
- Square Footage: 3,735 sqft
- Address: 16047 Collins Ave. Sunny Isles Beach, FL
The buyer of the condo is Richard Pototsky, while the seller is Polina Diyachenko. Both parties were represented by Steven Landau and Daniel Silverstein from Silmar Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$197,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65
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