Fabio Massaro Acquires Condo On 1428 Brickell Avenue In Miami From Ytech
1428 Brickell Avenue 4105
$5,510,900
$54/SF
Building Size
100,762 SF
Asset Type
Condo
Closing
Feb 6, 2023
About this deal
AI
A condominium unit located at 1428 Brickell Avenue 4105 in Miami has been sold for a total price of $5,510,900. The property spans across 100,762 square feet with a price per square foot of $55. The transaction took place on February 6, 2023.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,510,900
- Address: 1428 Brickell Avenue 4105, Miami
- Market: Miami
- Buyer: Fabio Massaro
- Seller: Ytech
- Buyer's Representative: Piero Ruggeri & Claudio Bagliani - Cosmore Real Estate
- Seller's Representative: Jennifer Behar Cervera - Cervera Real Estate
Piero Ruggeri and Claudio Bagliani from Cosmore Real Estate represented the buyer, Fabio Massaro, in this transaction. Jennifer Behar Cervera from Cervera Real Estate acted as the seller's representative on behalf of Ytech.
On the Map
$5,510,900
$54/SF
Condo
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Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $54 per square foot on a published $5.5M for 100,762 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93