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15901 Collins Avenue

Simon Kogam Acquires Sunny Isles Beach Condo For $1.015M With Buyer's Rep Roksana Lushnikov
SOLDCo-Op

Simon Kogam Acquires Sunny Isles Beach Condo For $1.015M With Buyer's Rep Roksana Lushnikov

15901 Collins Avenue

$1,015,000

$707/SF

Building Size

1,435 SF

Asset Type

Co-Op

Closing

Dec 12, 2022

AI

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.

Players

Roksana Lushnikov

Broker

$3.9M

vol

3 deals

Broker

North Miami Beach Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.63%

Cash-on-Cash

-4.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93