Giorgio Prestipino Acquires Condo At 900 Brickell Key Boulevard For $3.52M
900 Brickell Key Blvd
$3,520,000
$760/SF
Building Size
4,631 SF
Asset Type
Condo
Closing
Jun 2, 2023
AI
900 Brickell Key Boulevard, a condo located in Miami, was recently sold in a transaction. The property spans an area of 4,631 square feet and was sold at a price of $3,520,000, resulting in a price per square foot of $760. The sale took place on 06/02/2023.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,520,000
- Address: 900 Brickell Key Boulevard
- Market: Miami
The buyer of the condo was Giorgio Prestipino, while the seller was Shy Kostiner. The transaction was facilitated by multiple brokers representing both parties. Techrin Hijazi, Eleni Lyons, Francisco Suarez, Juan Carreras, and Ms. Meriam Aberri from Gallery Estates International Realty Associates, as well as Jordan Lederman from Lederman Real Estate played instrumental roles in the deal.
Players
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
4.51%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93