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Jonathan Levy & Joe Levy Acquire Hollywood Industrial Property For $9.36M

Property Image
SOLD
$9,360,000
Benjamin Genet
+ 1

Florida

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Industrial177,600 SF
Sold 11/21/2023
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Property Image
SOLD

Jonathan Levy & Joe Levy Acquire Hollywood Industrial Property For $9.36M

5660 Rodman Street, 5718 Rodman Stree, 5801 Dawson Street & 5813 Dawson Street

See Similar Deals
Industrial177,600 SF
Sold 11/21/2023
Benjamin Genet
+ 1
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$52
Total Square Footage:177,600 SF
Transaction Type:Sale

A industrial property located at 5660-5718 Rodman Street & 5801-5813 Dawson Street in Hollywood has been sold for a total of $9,360,000. The property spans approximately 44,400 square feet with a price per square foot of $211. The transaction took place on November 21, 2023. The seller in this deal is Ben Genet - Holly 1, while the buyers are Jonathan Levy and Joe Levy. The brokers involved in the transaction are Jason Abitbol from APEX Capital Realty.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $9,360,000
  • Address: 5660-5718 Rodman Street & 5801-5813 Dawson Street, Hollywood
  • Market: Hollywood
  • Buyer: Jonathan Levy & Joe Levy
  • Seller: Ben Genet - Holly 1
  • Broker: Jason Abitbol - APEX Capital Realty

This transaction showcases the collaboration between Jonathan Levy, Joe Levy, and their broker representative Jason Abitbol from APEX Capital Realty. These individuals played key roles in the successful sale of the industrial property in Hollywood. The deal, which closed on November 21, 2023, concluded with a total sale price of $9,360,000. The property itself spans approximately 44,400 square feet, with each square foot valued at $211.

Players

Jason Abitbol
26 deals$179M volume(561) 542-3704
BROKER

Benjamin Genet
12 deals$185M volume(954) 572-9159
BROKER

Benjamin Genet
12 deals$185M volume(954) 572-9159
BROKER


3 deals$87.1M volume
BUYER

Benjamin Genet
12 deals$185M volume
SELLER

Benjamin Genet
12 deals$185M volume
SELLER

Details

SOLD
IMAGE: Jason Abitbol DATE: 11/21/2023 ADDRESS: 5660-5718 Rodman Street & 5801-5813 Dawson Street MARKET: Hollywood ASSET TYPE: Industrial BUYER: Jonathan Levy & Joe Levy SELLER: Ben Genet - Holly 1 BROKERS: Jason Abitbol (@JasonAbitbol) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $9,360,000 SF: 44,400 ~ PPSF: $211

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,254.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,371.18
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