Updated Dec 18, 2023
Leonard M. Pisciotto Jr Acquires Vacant Commercial Property In Delray Beach For $6M
15056 South Jog Road, Delray Beach, Florida 33446, United States
$6,000,000
Building Size
—
Asset Type
Commercial
Closing
Aug 7, 2022
About this deal
AI
The vacant commercial property located at 15056 S Jog Rd in Delray Beach, FL has been sold in a transaction. The deal was finalized on 08/08/2022 at a price of $6,000,000. The buyer of the property is Leonard M. Pisciotto Jr and the seller is Gary Weston.
Summary of transaction details
- Property Type: Vacant Commercial
- Transaction Amount: $6,000,000
- Address: 15056 S Jog Rd, Delray Beach, FL
- Buyer: Leonard M. Pisciotto Jr
- Seller: Gary Weston
Leonard M. Pisciotto Jr acted as the buyer's representative in the deal. The transaction took place in Delray Beach, FL's market.
Players
Delray Beach Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93