Simon Kogam Acquires Sunny Isles Beach Condo For $1.015M With Buyer's Rep Roksana Lushnikov
SOLD
$1,015,000
Florida
See Similar DealsCo-Op1,435 SF
Sold 12/12/2022
SOLD
Simon Kogam Acquires Sunny Isles Beach Condo For $1.015M With Buyer's Rep Roksana Lushnikov
15901 Collins Avenue
See Similar DealsCo-Op1,435 SF
Sold 12/12/2022
Summary
FLORIDA
Asset Type:Co-Op
Price Per Square Foot:$707
Total Square Footage:1,435 SF
Transaction Type:Sale
Located in Sunny Isles Beach, the property at 15901 Collins Avenue has been sold in a recent transaction. The condominium, with a total area of 1,435 square feet, was purchased by Simon Kogam for a price of $1,015,000. The sale price per square foot is calculated to be $707.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,015,000
- Address: 15901 Collins Avenue
- Market: Sunny Isles Beach
The deal was facilitated by two brokers. Roksana Lushnikov from Sunshine Luxury Realty and Adriana Pavluk from Hub Realty represented the buyer, Simon Kogam, in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,606.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,811.62
Annual Debt Service$57,739.41
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