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2261 Northeast 164th Street

Shane Decker And Peleg Amzalag Of Decker Capital Acquire Industrial Asset In North Miami Beach For $13.5M
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

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

Kameron Djamal

Broker

$17M

vol

2 deals

Broker

Shane Decker

Buyer

$406M

vol

22 deals

Buyer
Isaac Toledano

Isaac Toledano

BH Group

Seller

$1.2B

vol

24 deals

Seller

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