Daniel Moskowitz Acquires SFR In Bay Harbor Islands From Erik Zimerman For $3.5M
1310 100th Street
$1,310,100
$418/SF
Building Size
3,129 SF
Asset Type
Co-Op
Closing
Dec 9, 2022
About this deal
AI
The recently closed property transaction in Bay Harbor Islands involved the sale of a single-family home located at 1310 100th Street. The property, with a total of 3,129 square feet, was sold for a price of $3,525,000, resulting in a price per square foot of $1,127. The transaction took place between the buyer, Daniel Moskowitz, and the seller, Erik Zimerman. The deal was facilitated by Joel Lusky and Zalmy Shapiro of The Brokerage, who acted as the brokers representing both parties.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,525,000
- Square Footage: 3,129
- Price per Square Foot: $1,127
- Address: 1310 100th Street
- Market: Bay Harbor Islands
The involvement of Joel Lusky and Zalmy Shapiro from The Brokerage played a crucial role in facilitating the successful transaction. Their expertise and negotiation skills were instrumental in ensuring a smooth sale of the property between Daniel Moskowitz and Erik Zimerman.
Players
Bay Harbor Islands Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $418 per square foot on a published $1.3M for 3,129 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.11%
Cash-on-Cash
-3.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93