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1428 Brickell Avenue 4105

Fabio Massaro Acquires Condo On 1428 Brickell Avenue In Miami From Ytech
SOLDCondo

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

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:

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.

Players

Piero Ruggeri

Cosmore Real Estate

Broker

$12.2M

vol

3 deals

Broker
Y
YtechSeller

Miami 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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93