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4530 Northeast 10th Avenue,...

Paul Feldman, P.A Acquires Warehouse In Fort Lauderdale, FL For $2.45M
SOLDIndustrial

Paul Feldman, P.A Acquires Warehouse In Fort Lauderdale, FL For $2.45M

4530 Northeast 10th Avenue, Fort Lauderdale, Florida 33334, United States

$2,450,000

$154/SF

Building Size

15,892 SF

Asset Type

Industrial

Closing

Sep 29, 2022

AI

The warehouse located at 4530 Ne 10th Ave in Fort Lauderdale, FL has been sold in a transaction that closed on September 30, 2022. The property spans a total area of 15,892 square feet and was sold for a price of $2,450,000, resulting in a price per square foot of $154.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $2,450,000
  • Address: 4530 Ne 10th Ave, Fort Lauderdale, FL
  • Market: Fort Lauderdale, FL

The buyer of the warehouse is Paul Feldman, P.A, while Valerie H Berwanger is the seller.

Players

P
P.ABuyer

Fort Lauderdale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.47%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93