Updated Aug 31, 2026
SOLDIndustrial
Shane Decker And Peleg Amzalag Of Decker Capital Acquire Industrial Asset In North Miami Beach For $13.5M
2261 Northeast 164th Street
$13,500,000
$351/SF
Building Size
38,460 SF
Asset Type
Industrial
Closing
May 17, 2026
About this deal
AI
The industrial property transaction at 2261 Northeast 164th Street in North Miami Beach involved a sale price of $13,500,000. The asset encompasses a total area of 38,460 square feet, translating to a price per square foot of $351.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $13,500,000
- Address: 2261 Northeast 164th Street
- Market: North Miami Beach
- Buyer: Shane Decker & Peleg Amzalag - Decker Capital
- Seller: Isaac Toledano - BH Group
- Broker: Kameron Djamal - Brick by Brick Realty
- Square Footage: 38,460
- Price Per Square Foot: $351
Kameron Djamal represented Brick by Brick Realty in this off-market transaction, showcasing their capability in sourcing significant deals. For further inquiries about off-market opportunities, they can be reached at 954.803.7765 or via email at [email protected].
Players
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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93