SOLD
Myung Kune Moon Acquires Industrial Property In Allapattah For $3.4M
1501 Northwest 23rd Street
Industrial
12,292 SF
12,292 SF
Sold 280 days ago
Summary
Sale
FLORIDA
Industrial
12,292 sqft
A property located at 1501 Northwest 23rd Street in Allapattah has been sold for $3,400,000. The industrial asset spans a total of 12,292 square feet, resulting in a price per square foot of $277. The property is in need of major improvements and updates, which contributed to the relative sale price. The transaction took place in May 2023 and the buyer intends to utilize the property for their electronic components import business.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $3,400,000
- Square Footage: 12,292
- Address: 1501 Northwest 23rd Street
- Market: Allapattah
The buyer of this property is Myung Kune Moon, while the sellers are Jared Galbut and Keith Menin. The seller's representative in this transaction was Jonathan Eismann from Gridline Properties. Eismann specializes in helping business owners acquire vacant industrial warehouse properties. This sale is part of the continuous effort to bring vibrant businesses into the Allapattah Commercial District.
Players
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Jonathan Eismann
DATE: 05/19/2023
ADDRESS: 1501 Northwest 23rd Street
MARKET: Allapattah
ASSET TYPE: Industrial
BUYER: Myung Kune Moon
SELLER: Jared Galbut & Keith Menin
SELLER'S REP: Jonathan Eismann (@JonEismann) - Gridline Properties (@GridlineProperties)
SALE PRICE: $3,400,000
SF: 12,292 ~ PPSF: $277
NOTE FROM SELLER'S REP: This property was sold to a business owner to house their electronic components import business. The sale price was relative to the property's condition, which currently requires some major improvements and updates. We are happy to continually bring new vibrant businesses into the Allapattah Commercial District. Jonathan Eismann represented the Seller in this transaction. Jonathan specializes in industrial warehouse properties that are delivered vacant to business owners.View on map
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Address1501 Northwest 23rd Street
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