Updated Sep 11, 2026
Ashley Cho Of 15 Studio Holdings Acquires Commercial Property In Fort Lauderdale For $10.75M
850 Northeast 13th Street
$10,750,000
$427/SF
Building Size
25,127 SF
Asset Type
Commercial
Closing
Sep 1, 2026
About this deal
AI
The asset involved in this transaction is a commercial property located at 850 NE 13 St, 1251-1271, 1229-1231 & 1225-1227 NE 9 AVE in the Fort Lauderdale market. The property comprises a total square footage of 25,127, with a sale price established at $10,750,000, equating to a price per square foot of $427.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $10,750,000
- Square Footage: 25,127
- Price per Square Foot: $427
- Buyer: Ashley Cho - 15 Studio Holdings
- Seller: Ken Zarrilli
- Brokers: Jaime Sturgis & Dan Ross - Native Realty
This transaction involved key individuals such as Ashley Cho representing 15 Studio Holdings as the buyer and Ken Zarrilli as the seller, supported by brokers Jaime Sturgis and Dan Ross of Native Realty, highlighting their roles in facilitating the deal.
Players
Fort Lauderdale 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
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93