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:
- Property Type: Retail & Office
- Transaction Amount: $12,625,000
- Address: 14 Northeast 1st Avenue Unit 100A-100J & 200A-200M
- Market: Miami
- Square Footage: 22,351
- Price Per Square Foot: $564
- Buyer: Moishe Mana
- Seller: Daniel Lavy
- Brokers: Mika Mattingly, Cecilia Estevez & Bradley Arendt - Colliers
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
Miami Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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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