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Hector Car Acquires Industrial Property From Isaac Kash For $2.1 Million In Miami

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SOLD
$2,100,000

Florida

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Industrial6,050 SF
Sold 07/15/2025
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Property Image
SOLD

Hector Car Acquires Industrial Property From Isaac Kash For $2.1 Million In Miami

2121 Northwest 24th Avenue

See Similar Deals
Industrial6,050 SF
Sold 07/15/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$347
Total Square Footage:6,050 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial property located at 2121 Northwest 24th Avenue in Miami. The sale price was $2,100,000, and the asset has a total square footage of 6,050 with a price per square foot of $347. It is equipped with two walk-in coolers and includes cold storage across two separate buildings.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,100,000
  • Address: 2121 Northwest 24th Avenue
  • Market: Miami
  • Square Footage: 6,050
  • Price per Square Foot: $347
  • Buyer: Hector Car
  • Seller: Isaac Kash
  • Seller's Representative: Benjamin Malayev - HL Real Estate Group

Benjamin Malayev represented the seller, Isaac Kash, in this transaction. The sale involved a premium industrial property with unique features, and the seller's representative highlighted the potential for similar properties in the market. This successful sale reflects their expertise in real estate transactions, emphasizing professionalism and access to exclusive off-market opportunities for interested clients.

Players

Benjamin Malayev
7 deals$17.2M volume(347) 551-9919
BROKER

HL Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: Benjamin Malayev DATE: 07/15/2025 ADDRESS: 2121 Northwest 24th Avenue MARKET: Miami ASSET TYPE: Industrial BUYER: Hector Car SELLER: Isaac kash SELLER'S REP: Benjamin Malayev (@RealdealBenji) - HL Real Estate Group (@HLRealEstateGroup) SALE PRICE: $2,100,000 SF: 6,050 ~ PPSF: $347 NOTE FROM SELLER'S REP: We are thrilled to announce the successful sale of a premium industrial property equipped with two walk-in coolers and a total of 6,050 SF of cold storage across two separate buildings. For those considering the acquisition of similar elite properties or thinking about selling their own, we invite you to connect with us. Our expertise in buying, selling, and investing ensures that each transaction is handled with the utmost professionalism and efficiency. In addition, we provide access to an exclusive portfolio of off-market properties, offering our discerning clients unique opportunities not available to the general market. Whether you're exploring new opportunities or seeking expert guidance in selling your property, I am committed to surpassing your expectations with exceptional service and remarkable results. Let's connect and make your real estate goals a reality. 🤝

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$112,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86