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1055 93rd Street

Lee Cohen Sells Bay Harbor Islands Condo For $2.275M
SOLDCondo

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:

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

Alyssa Morgan

The Inside Netwok

Broker

$95M

vol

26 deals

Broker

Bay Harbor Islands Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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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