facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Loan

/

1921 Northeast 153rd Street

Hirshmark Capital Provides $2.8M Acquisition Loan For Industrial Asset In Miami
FINANCEDIndustrial

Hirshmark Capital Provides $2.8M Acquisition Loan For Industrial Asset In Miami

1921 Northeast 153rd Street

$2,800,000

$140/SF

Building Size

20,000 SF

Asset Type

Industrial

Closing

Oct 30, 2024

AI

The property asset involved in this transaction is located at 1921 Northeast 153rd Street in Miami, featuring an industrial asset with a size of 20,000 square feet. The acquisition loan amount for this property is $2,800,000.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,800,000
  • Lender: Hirshmark Capital
  • Lender Representative: Bert R. Dweck
  • Landlord: Maksim Rozenfeld
  • Loan Type: Acquisition

This transaction was facilitated by Hirshmark Capital, represented by Bert R. Dweck, who played a crucial role in the lending process. The landlord of the property is Maksim Rozenfeld, indicating the involvement of key individuals in this real estate acquisition deal.

Players

Bert R. Dweck

Hirshmark Capital

Broker

$105.8M

vol

23 deals

Broker

North Miami Beach Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93