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2099 Northwest 141st Street...

Updated Oct 28, 2024

Crest RE Acquires Industrial Property In Opa Locka, FL For $5.13M
SOLDIndustrial

Crest RE Acquires Industrial Property In Opa Locka, FL For $5.13M

2099 Northwest 141st Street, Opa Locka, FL 33054

$5,130,000

$122/SF

Building Size

42,000 SF

Asset Type

Industrial

Closing

Dec 27, 2021

About this deal

AI

The industrial property located at 2099 NW 141st St in Opa Locka, FL was recently sold. The transaction took place on 12/27/2021, and the property was purchased for a total of $5,130,000. The property has a total size of 42,000 square feet, resulting in a price per square foot of $122. The buyer of the property is Crest RE, represented by Peter Zuckerman and Robert Lansburgh. The seller of the property is Daniel Hurtak. The deal was facilitated by broker Jake Zebede.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,130,000
  • Address: 2099 NW 141st St, Opa Locka, FL
  • Market: Opa Locka, FL
  • Buyer: Crest RE - Peter Zuckerman, Robert Lansburgh
  • Seller: Daniel Hurtak
  • Broker: Jake Zebede

The purchase of this industrial property in Opa Locka, FL involved various parties. Crest RE, represented by Peter Zuckerman and Robert Lansburgh, acted as the buyer in the transaction. Daniel Hurtak was the seller of the property. The deal was facilitated by broker Jake Zebede.

On the Map

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$5,130,000

$122/SF

Industrial

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Players

Jake Zebede

Trustone Realty Advisors

Broker

$333.7M

vol

16 deals

Broker
CBRE
CBREBrokerage
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Opa-locka Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $122 per square foot on a published $5.1M for 42,000 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.09%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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