Updated Jul 25, 2025
Hector Car Acquires Industrial Property From Isaac Kash For $2.1 Million In Miami
2121 Northwest 24th Avenue
$2,100,000
$347/SF
Building Size
6,050 SF
Asset Type
Industrial
Closing
Jul 14, 2025
About this deal
AI
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.
On the Map
$2,100,000
$347/SF
Industrial
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Players
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93