Updated Sep 9, 2024
Fabio And Sebastian Faerman Of FA Commercial Brokerage Sell Miami Industrial Property For $1.6M
2200 NW 23rd St Miami, FL 33142, USA
$1,600,000
$73/SF
Building Size
21,800 SF
Asset Type
Industrial
Closing
Jul 20, 2023
About this deal
AI
An industrial property located at 2200 NW 23 Street in Miami has been sold for a price of $1,600,000. The property spans a total area of 21,800 square feet, resulting in a price per square foot of $73.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,600,000
- Address: 2200 NW 23 Street, Miami
- Market: Miami
The sale of this industrial property was facilitated by the brokers Fabio Faerman and Sebastian Faerman, who represent FA Commercial.
The industrial sale at 2200 NW 23rd St Miami, FL 33142, USA in Miami, Florida sold for $1.6M in 2023. The building is 21,800 square feet, implying about 73 per square foot on the published price. Sebastian Faerman, Fabio Faerman, FA Commercial appear on the sale alongside FA Commercial. This page is the Miami, Florida file for the 2200 NW 23rd St Miami, FL 33142, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Miami sit in the Market section below. Filter that Miami industrial set by closing date to see what else sold near 2200 NW 23rd St Miami, FL 33142, USA around 2023. Published consideration for 2200 NW 23rd St Miami, FL 33142, USA is $1.6M, dated 2023. Cite this Fabio And Sebastian Faerman Of FA Commercial Brokerage Sell Miami Industrial Property For $1.6M sale when underwriting similar industrial product around Miami, Florida.
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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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93