Alex K. Tsoulfas, Vincent Pastore & Jamie Rose Maniscalco Acquire Development Site In Edgewater/Wynwood Gateway For $12.5M
SOLD
$12,500,000
+ 1
Florida
See Similar DealsDevelopment Site
Sold
SOLD
Alex K. Tsoulfas, Vincent Pastore & Jamie Rose Maniscalco Acquire Development Site In Edgewater/Wynwood Gateway For $12.5M
2728 Northeast 2nd Avenue, Miami, FL 33137, USA
See Similar DealsDevelopment Site
Sold
+ 1
Summary
FLORIDA
Asset Type:Development Site
Transaction Type:Sale
A development site located at 2728 NE 2nd Ave in Edgewater, Wynwood Gateway has been sold for $12,500,000. The property was sold by Stripey Development.
Summary of transaction details
- Property Type: Development Site
- Sale Price: $12,500,000
- Address: 2728 NE 2nd Ave
- Market: Edgewater, Wynwood Gateway
The buyer of the property was represented by Alex K. Tsoulfas, Vincent Pastore, and Jamie Rose Maniscalco from Land Deals APEX Capital Realty. The seller was represented by Juan Martinez from Metro Consulting and Management.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$666,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,409.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,256.38
Annual Debt Service$711,076.53
Is there something missing? Send suggestions