Updated Apr 1, 2025
Maureen Bokzam Acquires Development Site In Pompano Beach From Brandon Kochen For $6.58M
4211 Federal Highway
$5,900,000
$160/SF
Building Size
36,881 SF
Asset Type
Development Site
Closing
Mar 24, 2025
About this deal
AI
The property involved in this transaction is a development site located at 4211 Federal Highway in Pompano Beach. The site was sold for $6,580,000.00 and has a total area of 36,881 square feet.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,580,000.00
- Address: 4211 Federal Highway
- Market: Pompano Beach
- Buyer: Maureen Bokzam
- Seller: Brandon Kochen
The key individuals in this transaction include Maureen Bokzam, who acted as the buyer, and Brandon Kochen, who served as the seller. Each played a significant role in the development site's transaction on March 24, 2025.
Players
Pompano Beach Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93