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190 Northeast 71st Street, ...

Robert Danial Acquires Vacant Commercial Property In Miami, FL From Nickelli Lovaski Pierre For $2.3M
SOLDCommercial

Robert Danial Acquires Vacant Commercial Property In Miami, FL From Nickelli Lovaski Pierre For $2.3M

190 Northeast 71st Street, Miami, Florida 33138, United States

$2,314,128

Building Size

Asset Type

Commercial

Closing

Oct 11, 2022

AI

The vacant commercial property located at 190 NE 71st St in Miami, FL has been sold. The transaction took place on October 12, 2022.

Summary of transaction details

  • Property Type: Vacant Commercial
  • Transaction Amount: $2,314,128
  • Address: 190 NE 71st St, Miami, FL
  • Market: Miami, FL

The buyer of the property is Robert Danial, while the seller is Nickelli Lovaski Pierre.

Players

Robert Danial

Buyer

$14.5M

vol

3 deals

Buyer

Nickelli Lovaski Pierre

Seller

$4.5M

vol

2 deals

Seller

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

6.85%

Cash-on-Cash

-1.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93