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4150 North 28th Terrace, Ho...

Gilad And Avraham Ovaknin Acquire Commercial Property In Hollywood For $6.6M
SOLDCommercial

Gilad And Avraham Ovaknin Acquire Commercial Property In Hollywood For $6.6M

4150 North 28th Terrace, Hollywood, FL, USA

$6,575,000

$200/SF

Building Size

32,728 SF

Asset Type

Commercial

Closing

Jul 1, 2021

AI

The commercial property located at 4150 N 28th Ter in Hollywood was recently sold for a total price of $6,575,000. The property spans 32,728 square feet, resulting in a price per square foot of $201. The transaction took place on 07/02/2021.

Summary of transaction details

  • Property Type: Commercial
  • Transaction Amount: $6,575,000
  • Square Footage: 32,728
  • Price per Square Foot: $201
  • Address: 4150 N 28th Ter, Hollywood
  • Buyer: Gilad Ovaknin & Avraham Ovaknin
  • Seller: Robert E. Berkson

The buyer of the property is represented by Gilad Ovaknin & Avraham Ovaknin, while the seller is Robert E. Berkson.

Players

Gilad Ovaknin

Buyer

$26.1M

vol

3 deals

Buyer

Robert Berkson

Seller

$8.9M

vol

3 deals

Seller

Hollywood 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

2.41%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93