Richard Pototsky Acquires Condo In Sunny Isles Beach From Polina Diyachenko
16047 Collins Avenue, Sunny Isles Beach, Florida 33160, United States
$3,700,000
$990/SF
Building Size
3,735 SF
Asset Type
—
Closing
Sep 5, 2022
About this deal
AI
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.
On the Map
$3,700,000
$990/SF
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Players
Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $990 per square foot on a published $3.7M for 3,735 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93