Updated May 12, 2025
Moishe Mana Acquires Industrial Property In Little Haiti For $16.5M
6821 Northeast 2nd Avenue, Little Haiti, Miami, FL, USA
$16,500,000
$2,412/SF
Building Size
6,840 SF
Asset Type
Industrial
Closing
May 7, 2020
About this deal
AI
The property asset involved in the transaction is located at 6821 NE Second Ave in the Little Haiti market. It is classified as an industrial asset. The transaction was executed for a price of $16,500,000.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $16,500,000
- Buyer: Moishe Mana
- Seller: Dean Foods
The deal was represented for the buyer, Moishe Mana, by his broker, whose details are not specified in the context. The seller, Dean Foods, also had representation in the transaction, but their broker’s details are not provided.
Players
Miami 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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93