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519 NE 34th St

Eitan Holder Acquires Industrial Property In Oakland Park For $2.3M
SOLD

Eitan Holder Acquires Industrial Property In Oakland Park For $2.3M

519 NE 34th St

Building Size

Asset Type

Closing

Aug 18, 2022

AI

The industrial property located at 519 NE 34th St in Oakland Park has been sold for a total price of $2,295,000. The property spans over 11,956 square feet, resulting in a price per square foot of $192. The transaction took place on 08/18/2022.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,295,000
  • Address: 519 NE 34th St, Oakland Park
  • Market: Oakland Park
  • Buyer: Eitan Holder
  • Seller: Corey Schwartz - New Rock Partners
  • Broker: Josh Rosa - Metro 1 Commercial

Eitan Holder was the buyer of the property, while Corey Schwartz, representing New Rock Partners, was the seller. The transaction was facilitated by Josh Rosa from Metro 1 Commercial.

For more off-market opportunities, interested parties can directly reach out to Metro 1 Commercial at the following email addresses: [email protected], [email protected], [email protected].

Players

Eitan Holder

Buyer

$30.8M

vol

4 deals

Buyer
NP
New Rock PartnersSeller

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93