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1741 Northwest 33rd Street,...

Updated Dec 21, 2023

Jeffrey Pustizzi Acquires Warehouse In Pompano Beach, FL For $14.3M
SOLDIndustrial

Jeffrey Pustizzi Acquires Warehouse In Pompano Beach, FL For $14.3M

1741 Northwest 33rd Street, Pompano Beach, Florida 33064, United States

$9,500,000

$227/SF

Building Size

41,821 SF

Asset Type

Industrial

Closing

Mar 30, 2022

About this deal

AI

The warehouse located at 1645 NW 33rd St in Pompano Beach, FL was recently sold in a transaction on May 12, 2022. The property has a total square footage of 6,978 and was sold for a price of $14,300,000, resulting in a price per square foot of $2,049.

Summary of Transation Details

  • Property Type: Warehouse
  • Transaction Amount: $14,300,000
  • Address: 1645 NW 33rd St, Pompano Beach, FL
  • Market: Pompano Beach, FL

The buyer of the warehouse is Jeffrey Pustizzi, while the sellers are Bernard Paul-Hus and Richard Paul-Hus.

Players

Pompano Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $227 per square foot on a published $9.5M for 41,821 square feet (2022).

Browse Florida industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.67%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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