SOLDIndustrial
Benjamin Singfer Of Woodhill Real Estate Acquires Industrial Portfolio In Miami For $16.95M
1601 Northwest 8th Avenue, 6800 Northwest 37th Court, 8170 Northwest 36th Avenue, 8170 Northwest 36th Avenue & 9875 Northwest 79th Avenue
$16,951,968
Building Size
—
Asset Type
Industrial
Closing
Jun 3, 2026
AI
An industrial portfolio consisting of four properties located at 1601 Northwest 8th Avenue, 6800 Northwest 37th Court, 8170 Northwest 36th Avenue, and 9875 Northwest 79th Avenue in Miami has been sold. The properties encompass a total of 94,051 square feet and were transacted at a total sale price of $16,951,968, with a price per square foot of approximately $180.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,951,968
- Square Footage: 94,051
- Price per Square Foot: $180
- Buyer: Benjamin Singfer - Woodhill Real Estate
- Seller: Margaret Kroneberg
- Market: Miami
This transaction highlights the involvement of Benjamin Singfer, representing Woodhill Real Estate, as the buyer, while Margaret Kroneberg served as the seller in this deal. The transaction was finalized on June 3, 2026.
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
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93