Updated Sep 9, 2024
Baruch Shiffman Sells Development Site In Bay Harbor Islands For $5.6M
1130-1140 100 St
$5,600,000
Building Size
—
Asset Type
Development Site
Closing
Dec 4, 2022
About this deal
AI
A development site located at 1130-1140 100 St in Bay Harbor Islands has been sold for a price of $5,600,000. The property was sold by Baruch Shiffman.
Summary of transaction details:
- Property Type: Development Site
- Sale Price: $5,600,000
- Address: 1130-1140 100 St, Bay Harbor Islands
- Market: Bay Harbor Islands
The sale was facilitated by Joel Lusky and Zalmy Shapiro from The Brokerage South Florida, representing the seller in the transaction.
The development site sale at 1130-1140 100 St in Bay Harbor Islands, Florida sold for $5.6M in 2022. 1130-1140 100 St is classified as Development Site on Traded. Zalmy Shapiro, Joel Lusky, The Brokerage South Florida Real Estate appear on the sale alongside The Brokerage South Florida Real Estate. This page is the Bay Harbor Islands, Florida file for the 1130-1140 100 St development site sold: pricing, party profiles, and other closed development site comps from the same Bay Harbor Islands sit in the Market section below. Filter that Bay Harbor Islands development site set by closing date to see what else sold near 1130-1140 100 St around 2022. Published consideration for 1130-1140 100 St is $5.6M, dated 2022. Cite this Baruch Shiffman Sells Development Site In Bay Harbor Islands For $5.6M sale when underwriting similar development site product around Bay Harbor Islands, Florida.
Players
Bay Harbor Islands Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93