Igor Tulchinsky Of WorldQuant Acquires Condo At 9111 Collins Avenue For $24.9M
9111 Collins Avenue
$24,900,000
$4,698/SF
Building Size
5,300 SF
Asset Type
Condo
Closing
Mar 28, 2025
AI
A condo located at 9111 Collins Avenue in the Surfside market was sold for $24,900,000.00. The property spans 5,300 square feet.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $24,900,000.00
- Address: 9111 Collins Avenue
- Market: Surfside
- Square Footage: 5,300.0
- Buyer: Igor Tulchinsky - WorldQuant
- Seller: Patrick McMahon - MKP Capital Management
- Buyer's Representative: Dina Goldentayer - Douglas Elliman
- Seller's Representative: John Sandberg - Compass
This transaction involved Igor Tulchinsky, representing WorldQuant as the buyer, and Patrick McMahon of MKP Capital Management acting as the seller. Dina Goldentayer from Douglas Elliman represented the buyer while John Sandberg from Compass represented the seller in this deal.
Players
Surfside 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
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93