James Kunitz Sells Industrial Asset At 3075 Northwest 28th Street For $4.1M With Brokers Jonathan De La Rosa And Scott Sime
SOLD
$4,100,000
Florida
See Similar DealsIndustrial4,050 SF
Sold 06/03/2026
SOLD
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
See Similar DealsIndustrial4,050 SF
Sold 06/03/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$1,012
Total Square Footage:4,050 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
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