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519 Northeast 34th Street, ...

Eitan Holder Acquires Industrial Property In Oakland Park For $2.3M
SOLDIndustrial

Eitan Holder Acquires Industrial Property In Oakland Park For $2.3M

519 Northeast 34th Street, Oakland Park, Florida 33334, United States

$2,295,000

$192/SF

Building Size

11,956 SF

Asset Type

Industrial

Closing

Aug 17, 2022

AI

Eitan Holder has purchased an industrial property located at 519 NE 34th Street in Oakland Park. The property was sold by Corey Schwartz from New Rock Partners. The transaction was facilitated by Josh Rosa from Metro 1 Commercial.

Summary of transation details

  • Property Type: Industrial
  • Address: 519 NE 34th St
  • Market: Oakland Park
  • Buyer: Eitan Holder
  • Seller: Corey Schwartz - New Rock Partners
  • Broker: Josh Rosa - Metro 1 Commercial
  • Sale Price: $2,295,000
  • Square Footage: 11,956
  • Price per Square Foot: $192

For more off-market opportunities, you can reach out to Metro 1 Commercial directly at [email protected], [email protected], or [email protected].

Players

Josh Rosa

Metro 1 Commercial

Broker

$13.7M

vol

7 deals

Broker
Eitan Holder

Eitan Holder

Buyer

$30.8M

vol

4 deals

Buyer
NP
New Rock PartnersSeller

Oakland Park 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

6.91%

Cash-on-Cash

-1.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93