Maureen Bokzam Acquires Development Site In Pompano Beach From Brandon Kochen For $6.58M
SOLD
$5,900,000
Florida
See Similar DealsDevelopment Site36,881 SF
Sold 03/24/2025
SOLD
Maureen Bokzam Acquires Development Site In Pompano Beach From Brandon Kochen For $6.58M
4211 Federal Highway
See Similar DealsDevelopment Site36,881 SF
Sold 03/24/2025
Summary
FLORIDA
Asset Type:Development Site
Price Per Square Foot:$160
Total Square Footage:36,881 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$314,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,961.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,969.01
Annual Debt Service$335,628.12
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