Updated Dec 21, 2023
James V Leonardo Acquires Fort Lauderdale Warehouse From Alexander Daskaloff For $2.8M
1210 Northeast 15th Street, Fort Lauderdale, Florida 33304, United States
$2,795,000
$1,791/SF
Building Size
1,560 SF
Asset Type
Industrial
Closing
Oct 17, 2022
About this deal
AI
An industrial warehouse located at 1210 NE 15th St in Fort Lauderdale, FL has been sold. The property consists of 1,560 square feet and was sold for a price of $2,795,000, resulting in a price per square foot of $1,791.
Summary of transation details
- Property Type: Warehouse
- Transaction Amount: $2,795,000
- Address: 1210 NE 15th St, Fort Lauderdale, FL
- Buyer: James V Leonardo
- Seller: Alexander Daskaloff
James V Leonardo acted as the buyer in this transaction, while Alexander Daskaloff represented the seller. Both parties successfully completed the sale of the warehouse.
Players
Fort Lauderdale 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
5.68%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93