Shane Decker And Peleg Amzalag Of Decker Capital Acquire Industrial Asset In North Miami Beach For $13.5M
SOLD
$13,500,000
Florida
See Similar DealsIndustrial38,460 SF
Sold 05/18/2026
SOLD
Shane Decker And Peleg Amzalag Of Decker Capital Acquire Industrial Asset In North Miami Beach For $13.5M
2261 Northeast 164th Street
See Similar DealsIndustrial38,460 SF
Sold 05/18/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$351
Total Square Footage:38,460 SF
Transaction Type:Sale
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].
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$720,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65
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