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3075 Northwest 28th Street

James Kunitz Sells Industrial Asset At 3075 Northwest 28th Street For $4.1M With Brokers Jonathan De La Rosa And Scott Sime
SOLDIndustrial

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

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker

James Kunitz

Seller

$8.2M

vol

2 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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93