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1515 Northwest 22nd Street

Roman Shpigel Purchases Industrial Asset In Miami For $6.33 Million With Jonathan Eismann As Buyer's Rep
SOLDIndustrial

Roman Shpigel Purchases Industrial Asset In Miami For $6.33 Million With Jonathan Eismann As Buyer's Rep

1515 Northwest 22nd Street

$6,332,000

$297/SF

Building Size

21,292 SF

Asset Type

Industrial

Closing

Jun 25, 2025

AI

The property asset involved in this transaction is an industrial facility located at 1515 Northwest 22nd Street in Miami. It was sold for $6,332,000, encompassing a total square footage of 21,292, which translates to a price per square foot of $297.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $6,332,000
  • Address: 1515 Northwest 22nd Street
  • Market: Miami
  • Square Footage: 21,292
  • Price per Square Foot: $297
  • Buyer: Roman Shpigel
  • Seller: Raffi Grosz
  • Buyer's Rep: Jonathan Eismann - Gridline Properties
  • Seller's Rep: Calum Winsor - Current Capital Realty

This transaction involved key individuals including buyer Roman Shpigel and seller Raffi Grosz, while representation was provided by Jonathan Eismann of Gridline Properties for the buyer and Calum Winsor of Current Capital Realty for the seller.

Players

Jonathan Eismann

Gridline Properties

Broker

$104.2M

vol

38 deals

Broker
Gridline Properties
Gridline PropertiesBrokerage

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

2.51%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93