James Kunitz Sells Industrial Asset At 3075 Northwest 28th Street For $4.1M With Brokers Jonathan De La Rosa And Scott Sime
3075 Northwest 28th Street
$4,100,000
$1,012/SF
Building Size
4,050 SF
Asset Type
Industrial
Closing
Jun 2, 2026
AI
The property asset is an industrial facility located at 3075 Northwest 28th Street in the Miami market. The transaction was concluded for a sale price of $4,100,000, with an area of 4,050 square feet, resulting in a price per square foot of $1,012. The land area is 15,750 square feet, with a price per land square foot of $260.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,100,000
- Square Footage: 4,050 SF
- Price per Square Foot: $1,012
- Land Square Footage: 15,750 SF
- Price per Land Square Foot: $260
- Seller: James Kunitz
- Broker 1: Jonathan De La Rosa - Marcus & Millichap
- Broker 2: Scott Sime - Sime Realty Corp
The transaction involved broker representatives Jonathan De La Rosa from Marcus & Millichap and Scott Sime from Sime Realty Corp, who facilitated the deal on behalf of the seller, James Kunitz.
Players
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93