Updated Dec 19, 2023
Yosef Gershowitz Acquires Warehouse In Fort Lauderdale For $2.4M
5410 Northwest 12th Avenue, Fort Lauderdale, Florida 33309, United States
$2,395,000
$237/SF
Building Size
10,080 SF
Asset Type
Industrial
Closing
Mar 29, 2022
About this deal
AI
A warehouse located at 5410 NW 12th Ave in Fort Lauderdale, FL was recently sold. The property spans 10,080 square feet and was sold for a total price of $2,395,000, resulting in a price per square foot of $237.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $2,395,000
- Square Footage: 10,080
- Price per Square Foot: $237
- Address: 5410 NW 12th Ave, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer in this transaction was Yosef Gershowitz, while the seller was Eran Hazan.
Players
Fort Lauderdale 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
6.62%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93