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2230 Northwest 2nd Avenue

Moishe Mana Purchases Wynwood Commercial Site For $25.5 Million From Benjamin Atkins And Partners
SOLDCommercial

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

Moishe Mana

Mana Common

Buyer

$869.1M

vol

27 deals

Buyer

Benjamin Atkins

Abingdon Square Partners

Seller

$211.8M

vol

8 deals

Seller
AP
Abingdon Square PartnersSeller

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