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
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