Lee Cohen Sells Bay Harbor Islands Condo For $2.275M
1055 93rd Street
$2,275,000
$1,083/SF
Building Size
2,100 SF
Asset Type
Condo
Closing
Jun 14, 2024
AI
The condominium located at 1055 93rd Street in Bay Harbor Islands was sold for $2,275,000. This property spans 2,100 square feet, amounting to a price per square foot of $1,083.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,275,000
- Address: 1055 93rd Street
- Market: Bay Harbor Islands
- Seller: Lee Cohen - Red Hoek Development
- Seller's Rep: Alyssa Brody - Development Marketing Team; Alyssa Morgan - The Inside Network
The sale of this condo was facilitated by Alyssa Brody from the Development Marketing Team and Alyssa Morgan from The Inside Network. They played crucial roles in ensuring the successful completion of the transaction.
Players
Bay Harbor Islands Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.97%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93