Gil Dezer Acquires Package Deal In Sunny Isles Beach For $2.45M With One Sotheby's International Realty
18001 Collins Avenue, Sunny Isles Beach, FL, USA
$2,450,000
$374/SF
Building Size
6,545 SF
Asset Type
—
Closing
Oct 29, 2021
AI
The property involved in this transaction is a Package Deal located at 18001 Collins Ave in Sunny Isles Beach. The sale took place on 10/29/2021. The buyer was Gil Dezer, and the seller was Rivo Alto Capital. The deal was facilitated by brokers Brigitte Lina and Yohan Chemla from One Sotheby's International Realty. The property has a total square footage of 6,545, and the sale price was $2,450,000. The asking price for the property was $3,018,000, resulting in a price per square foot of $374.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $2,450,000
- Buyer: Gil Dezer
- Seller: Rivo Alto Capital
- Brokers: Brigitte Lina and Yohan Chemla - One Sotheby's International Realty
- Address: 18001 Collins Ave, Sunny Isles Beach
- Market: Sunny Isles Beach
- Total Square Footage: 6,545
- Price per Square Foot: $374
This transaction showcases the collaboration between Gil Dezer as the buyer and Rivo Alto Capital as the seller. The deal was successfully closed with the assistance of brokers Brigitte Lina and Yohan Chemla from One Sotheby's International Realty, who played a vital role in facilitating the transaction.
Players
North Miami 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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93