Yoseph Kotler Acquires Industrial Property In Hialeah For $19M
1100 East 41st Street, Hialeah, Florida 33013, United States
$19,000,000
$126,666/SF
Building Size
150 SF
Asset Type
Industrial
Closing
Nov 30, 2022
AI
The industrial property located at 1100 East 41st Street, 4005, 3965 & 3925 East 10th Court in Hialeah, with an area of 5.9 acres, has been sold for a price of $19,000,000. The property spans 150,000 square feet, translating to a price per square foot of $127. The sale transaction was completed on November 30, 2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $19,000,000
- Market: Hialeah
- Address: 1100 East 41st Street, 4005, 3965 & 3925 East 10th Court
- Acres: 5.9
The buyer of this property was Yoseph Kotler, while the seller was Treo Group, represented by Otto Boudet-Murias. The lender for this transaction was Banesco USA.
Hialeah 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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93