Yonason Greenwald Purchases Property From Morgan Reed Group In Miami For $11.6M
370 Ne 75th St
$11,600,000
Building Size
—
Asset Type
—
Closing
Jul 28, 2022
About this deal
AI
The property sold is located at 370 Ne 75th St in Miami, with a transaction value of $11,600,000.00.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $11,600,000.00
- Buyer: Yonason Greenwald
- Seller: Morgan Reed Group
- Brokers: Tony Arellano - DWNTWN Realty Advisors
The transaction was facilitated by Tony Arellano, representing DWNTWN Realty Advisors, who acted in the role of broker for the seller, Morgan Reed Group, as the property changed hands on July 28, 2022.
The commercial sale at 370 Ne 75th St in Miami, Florida sold for $11.6M in 2022. Tony Arellano, Yonason Greenwald, DWNTWN Realty Advisors appear on the sale alongside DWNTWN Realty Advisors. This page is the Miami, Florida file for the 370 Ne 75th St 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 370 Ne 75th St around 2022. Published consideration for 370 Ne 75th St is $11.6M, dated 2022. Cite this Yonason Greenwald Purchases Property From Morgan Reed Group In Miami For $11.6M sale when underwriting similar commercial product around Miami, Florida.
On the Map
$11,600,000
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93