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17875 Collins Avenue, Sunny...

Pina Basu Sells Sunny Isles Beach Condo For $2.15M With Kirill Kokarev Representing The Buyer
SOLD

Pina Basu Sells Sunny Isles Beach Condo For $2.15M With Kirill Kokarev Representing The Buyer

17875 Collins Avenue, Sunny Isles Beach, Florida 33160, United States

$2,150,000

$971/SF

Building Size

2,214 SF

Asset Type

Closing

Dec 31, 2021

AI

Located at 17875 Collins Ave 3805 in Sunny Isles Beach, this condo property was recently sold for $2,150,000. Spanning across 2,214 square feet, the condo features a spacious layout. The price per square foot for this transaction was $971. The sale was completed on December 31, 2021.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,150,000
  • Address: 17875 Collins Ave 3805
  • Market: Sunny Isles Beach

Pina Basu was the seller of this condo property. Representing the buyer was Kirill Kokarev from Broker One. On the other hand, Elena Grady from Trust Invest Real Estate Corp served as the seller's representative in this deal.

Players

Isaac Lustgarten

The Corcoran Group

Broker

$262.6M

vol

24 deals

Broker
Vaster
VasterLender

Sunny Isles Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93