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2920 Northeast 207th Street...

Updated Dec 18, 2023

Daniel Schachtel & Diaz-Aroca Jorge Acquire Other Condo In Miami, FL For $3.275M
SOLD

Daniel Schachtel & Diaz-Aroca Jorge Acquire Other Condo In Miami, FL For $3.275M

2920 Northeast 207th Street, Miami, Florida 33179, United States

$3,275,000

$2,865/SF

Building Size

1,143 SF

Asset Type

Closing

Aug 7, 2022

About this deal

AI

Located at 2920 NE 207th St in Miami, FL, this transaction involved the sale of a 1,143 square foot property. The asset, classified as an Other Condo, was sold at a price of $3,275,000, resulting in a price per square foot of $2,865.

Summary of transaction details:

  • Property Type: Other Condo
  • Transaction Amount: $3,275,000

The buyers in this transaction were Daniel Schachtel and Diaz-Aroca Jorge. Representing the seller was Ezequiel Fischer.

The commercial sale at 2920 Northeast 207th Street, Miami, Florida 33179, United States in Miami, Florida sold for $3.3M in 2022. The building is 1,143 square feet, implying about 2.9K per square foot on the published price. This page is the Miami, Florida file for the 2920 Northeast 207th Street, Miami, Florida 33179, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami sit in the Market section below. Filter that Miami commercial set by closing date to see what else sold near 2920 Northeast 207th Street, Miami, Florida 33179, United States around 2022. Published consideration for 2920 Northeast 207th Street, Miami, Florida 33179, United States is $3.3M, dated 2022. Cite this Daniel Schachtel & Diaz-Aroca Jorge Acquire Other Condo In Miami, FL For $3.275M sale when underwriting similar commercial product around Miami, Florida.

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Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $2.9K per square foot on a published $3.3M for 1,143 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.84%

Cash-on-Cash

-1.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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