facebook
Traded Co logo
Submit

Judith Strachman Acquires Warehouse In Fort Lauderdale, FL For $4.25M

Property Image
SOLD
$4,250,000

Florida

See Similar Deals
Industrial6,384 SF
Sold 09/14/2022
the dealplayerscompscontact
Property Image
SOLD

Judith Strachman Acquires Warehouse In Fort Lauderdale, FL For $4.25M

702 Northeast 1st Avenue, Fort Lauderdale, Florida 33304, United States

See Similar Deals
Industrial6,384 SF
Sold 09/14/2022
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$665
Total Square Footage:6,384 SF
Transaction Type:Sale

The warehouse located at 702-704 NE 1st Ave in Fort Lauderdale, FL was recently sold in a transaction on September 14, 2022. The property spans a total of 6,384 square feet and was sold for a price of $4,250,000, resulting in a price per square foot of $665.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $4,250,000
  • Address: 702-704 NE 1st Ave, Fort Lauderdale, FL
  • Square Footage: 6,384
  • Price per Square Foot: $665

Judith Strachman acted as the buyer in this transaction, while James Saada represented the seller. Both parties were involved in the successful completion of the deal.

Players

JS
Judith Strachman
5 deals$22.7M volume
BUYER

Details

SOLD
IMAGE: 09/14/2022 ADDRESS: 702-704 NE 1st Ave MARKET: Fort Lauderdale,FL ASSET TYPE: Warehouse BUYER: Judith Strachman SELLER: James Saada PRICE: $4,250,000 SF: 6,384 ~ PPSF: $665

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$226,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,099.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,147.17
Annual Debt Service$241,766.02