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2711 NW 17th Ave, Allapatta...

Asaf Danieli Acquires Industrial Asset In Allapattah From Robert Goldberg For $1.5M
SOLDIndustrial

Asaf Danieli Acquires Industrial Asset In Allapattah From Robert Goldberg For $1.5M

2711 NW 17th Ave, Allapattah, Miami, FL, USA

$1,500,000

$156/SF

Building Size

9,600 SF

Asset Type

Industrial

Closing

Sep 23, 2021

AI

The industrial property located at 2711 NW 17 Ave in Allapattah has been sold for a total price of $1,500,000. The property spans across 9,600 square feet, resulting in a price per square foot of $156. The sale took place on September 24, 2021.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,500,000
  • Address: 2711 NW 17 Ave, Allapattah
  • Square Footage: 9,600
  • Price per Square Foot: $156
  • Market: Allapattah

The buyer of the property is Asaf Danieli and the seller is Robert Goldberg. Asaf Danieli was represented by Jonathan Eismann from Gridline Properties, while William Holly from Patton Real Estate represented Robert Goldberg in the transaction.

Players

Jonathan Eismann

Gridline Properties

Broker

$104.2M

vol

38 deals

Broker

Robert Goldberg

Seller

$8.5M

vol

3 deals

Seller

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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93