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14 Northeast 1st Avenue

Moishe Mana Acquires Retail And Office Property In Miami For $12.63M From Daniel Lavy
SOLDCommercial

Moishe Mana Acquires Retail And Office Property In Miami For $12.63M From Daniel Lavy

14 Northeast 1st Avenue

$12,625,000

$564/SF

Building Size

22,351 SF

Asset Type

Commercial

Closing

Jul 16, 2026

AI

The property asset involved in this transaction is a retail and office space located at 14 Northeast 1st Avenue Unit 100A-100J & 200A-200M in Miami. The sale price for this asset was $12,625,000, which translates to a price per square foot of $564. The total square footage of the property is 22,351.

Summary of transaction details:

The deal featured prominent individuals in the real estate industry, with Moishe Mana as the buyer and Daniel Lavy as the seller. The representation for this transaction was provided by Mika Mattingly, Cecilia Estevez, and Bradley Arendt from Colliers, who acted as brokers throughout the process.

Players

Mika Mattingly

Colliers

Broker

$528.8M

vol

34 deals

Broker
Moishe Mana

Moishe Mana

Buyer

$928.1M

vol

30 deals

Buyer

Daniel Lavy

Seller

$12.6M

vol

1 deal

Seller

Miami Commercial Market Snapshot

Boundary boundary · Commercial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.26%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93