facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

454 Northeast 58th Street

Gonzalo Segnini Sells Commercial Property In Miami For $2M With Mateo Romero And Urbanize Properties
SOLDIndustrial

Gonzalo Segnini Sells Commercial Property In Miami For $2M With Mateo Romero And Urbanize Properties

454 Northeast 58th Street

$2,000,000

$149/SF

Building Size

13,347 SF

Asset Type

Industrial

Closing

Oct 5, 2025

AI

The property involved in the transaction is a commercial asset located at 454 Northeast 58th Street in Miami. It was sold for a price of $2,000,000, encompassing a total area of 13,347 square feet, which results in a price per square foot of $149.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: $2,000,000
  • Sale Date: 10/06/2025
  • Seller: Gonzalo Segnini
  • Buyer’s Representative: Kristine Flook & Janet Crucet - Urbanize Properties
  • Seller’s Representative: Mateo Romero - Gridline Properties

Collaboration between Urbanize Properties and Gridline Properties was pivotal in achieving the successful closing of this commercial land transaction. The teamwork displayed throughout the deal indicates a robust partnership and ongoing confidence in the commercial market of South Florida.

Players

Janet Crucet

Urbanize Properties

Broker

$97.2M

vol

15 deals

Broker
Gridline Properties
Gridline PropertiesBrokerage

Miami 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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93