David Edelstein Of Tristar Capital Acquires Industrial Property In Miami For $9.96M
320 Northwest 26th Street
$9,962,000
$2,075/SF
Building Size
4,800 SF
Asset Type
Industrial
Closing
Jul 8, 2026
AI
A 4,800-square-foot industrial property located at 320 Northwest 26th Street in Miami has been sold for $9,962,000. The transaction closed on July 8, 2026, resulting in a price per square foot of $2,075.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,962,000
- Buyer: David Edelstein - Tristar Capital
- Seller: Hsi Yueh W. Yen Revocable Trust - Yuan Chich Yen & Yuan Yin Yen as trustees
- Date of Sale: July 8, 2026
- Square Footage: 4,800
- Price per Square Foot: $2,075
David Edelstein, representing Tristar Capital, facilitated the acquisition from the Hsi Yueh W. Yen Revocable Trust, which includes Yuan Chich Yen and Yuan Yin Yen as trustees. This transaction illustrates the ongoing activity in the industrial real estate market within the Miami area.
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
1.59%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93