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2050 Northeast 153rd Street...

Anna Stanislavsky Acquires Industrial Property In North Miami Beach For $2.6M
SOLDIndustrial

Anna Stanislavsky Acquires Industrial Property In North Miami Beach For $2.6M

2050 Northeast 153rd Street, North Miami Beach, Florida 33162, United States

$2,600,000

$305/SF

Building Size

8,500 SF

Asset Type

Industrial

Closing

Oct 27, 2022

AI

2050 NE 153rd St in North Miami Beach has been sold for $2,600,000. The property is an industrial warehouse with a total area of 8,500 square feet and a price per square foot of $306. The transaction took place on October 28, 2022, and the buyer was Anna Stanislavsky. The seller, Robert Tetreault, represented Tetreault INC. The deal was facilitated by brokers Joshua Slovin and Barrett Wolf of Wolf Co Real Estate.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,600,000
  • Address: 2050 NE 153rd St, North Miami Beach
  • Market: North Miami Beach
  • Buyer: Anna Stanislavsky
  • Seller: Robert Tetreault - Tetreault INC
  • Broker: Joshua Slovin - Wolf Co Real Estate
  • Broker: Barrett Wolf - Wolf Co Real Estate

2050 NE 153 Street is an industrial warehouse in North Miami Beach, spanning 8,500 square feet. The property, constructed in 1957, is situated on a 15,485 square foot lot. Wolf Co specializes in off-market transactions of various property types, including retail, office, multifamily, and industrial. For more information, reach out to Barrett Wolf at [email protected] or Josh Slovin at [email protected].

Players

Barrett Wolf

Wolf Commercial Real Estate

Broker

$50.3M

vol

13 deals

Broker

North Miami Beach 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93