facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Development Site

/

Sale

/

1055 93rd Street

Lee Cohen Sells Development Site At 1055 93rd Street Bay Harbor Islands For $1.699M
SOLDDevelopment Site

Lee Cohen Sells Development Site At 1055 93rd Street Bay Harbor Islands For $1.699M

1055 93rd Street

$1,699,000

$1,199/SF

Building Size

1,416 SF

Asset Type

Development Site

Closing

Sep 3, 2024

AI

The property involved in the transaction is a development site located at 1055 93rd Street, Bay Harbor Islands. The sale price was set at $1,699,000, with a total square footage of 1,416 and a price per square foot of $1,199.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $1,699,000
  • Address: 1055 93rd Street, Bay Harbor Islands
  • Square Footage: 1,416
  • Price per Square Foot: $1,199
  • Seller: Lee Cohen
  • Brokers: Alyssa Brody - Development Marketing Team; Alyssa Morgan - The Inside Network

The deal was facilitated by broker representatives Alyssa Brody and Alyssa Morgan, whose expertise in the market contributed to the successful transaction. Lee Cohen served as the seller in this deal.

Players

Alyssa Morgan

The Inside Netwok

Broker

$95M

vol

26 deals

Broker

Bay Harbor Islands Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.34%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93