Moishe Mana Purchases Wynwood Commercial Site For $25.5 Million From Benjamin Atkins And Partners
2230 Northwest 2nd Avenue
$25,500,000
$779/SF
Building Size
32,731 SF
Asset Type
Commercial
Closing
Oct 10, 2025
AI
A 1-acre commercial property located at 2230, 2200 Northwest 2nd Avenue and 224 Northwest 22nd Terrace in Miami was sold for $25,500,000. The asset spans 32,731 square feet, with a price per square foot of $779. This property includes retail, restaurant, and office spaces, contributing to the ongoing development efforts in the Wynwood area.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $25,500,000
- Buyer: Moishe Mana - Mana Common
- Seller: Benjamin Atkins - Abingdon Square Partner; Jerry Atkins - 88-05 Realty LLC; Linda S. Breskin - Michael Breskin trust
- Market: Miami
- Acres: 1
- Square Footage: 32,731
- Price Per Square Foot: $779
Moishe Mana’s MM Real Estate Acquisitions completed this transaction with the intention of enhancing the business and cultural landscape in Wynwood, building upon a previous assemblage purchase in late September that included .7 acres at the same location.
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
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93