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1027 Northwest 36th Street,...

Lucas Donantueno Acquires Industrial Property In Miami For $1.95M From Seller Babba Yesharim & Broker Virgilio Fernandez
SOLDIndustrial

Lucas Donantueno Acquires Industrial Property In Miami For $1.95M From Seller Babba Yesharim & Broker Virgilio Fernandez

1027 Northwest 36th Street, Miami, FL 33127

$1,950,000

$336/SF

Building Size

5,800 SF

Asset Type

Industrial

Closing

Jan 18, 2022

AI

Two industrial properties located at 1027 & 1035 NW 36th Street in Miami have been sold for a total price of $1,950,000. The properties span a total of 5,800 square feet, resulting in a price per square foot of $336. The transaction took place on January 18, 2022.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,950,000
  • Square Footage: 5,800
  • Price per Square Foot: $336
  • Address: 1027 & 1035 NW 36th Street, Miami

The buyer of the properties is Lucas Donantueno, while the seller is Babba Yesharim. The transaction was facilitated by Virgilio Fernandez of Colliers.

Players

Virgilio Fernandez

Cushman & Wakefield

Broker

$277.1M

vol

44 deals

Broker

Lucas Donantueno

Buyer

$7.1M

vol

3 deals

Buyer
Babba Joshua Yesharim

Babba Joshua Yesharim

Seller

$107.5M

vol

28 deals

Seller

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93