Amit Mizrahi Purchases Industrial Asset In Fort Lauderdale For $4.4 Million With Lielle Sosa's Representation
2770 Northwest 63rd Court
$4,400,000
$372/SF
Building Size
11,823 SF
Asset Type
Industrial
Closing
Jul 15, 2026
AI
The property asset involved in this transaction is an industrial space located at 2770 Northwest 63rd Court in Fort Lauderdale. The sale was completed for a price of $4,400,000, encompassing a total area of 11,823 square feet, resulting in a price per square foot of $372.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,400,000
- Buyer: Amit Mizrahi
- Seller: Reb Banas
- Buyer's Representative: Lielle Sosa - Levy Realty Advisors
- Seller's Representative: Ken Morris - JLL
- Square Footage: 11,823
- Price per Square Foot: $372
This sale represents a successful transaction between buyer Amit Mizrahi and seller Reb Banas, involving an owner-user primarily engaged in an air-compressor and steel manufacturing business. Lielle Sosa from Levy Realty Advisors and Ken Morris from JLL facilitated the transaction for their respective clients.
Fort Lauderdale 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93