Updated Sep 25, 2026
Yuan Yin Yen Acquires Industrial Property In Fort Lauderdale For $3,600,000 With Buyer's Rep Justin Vance
705 Northwest 8th Avenue & 709 Northwest 8th Avenue
$3,600,000
$720/SF
Building Size
5,000 SF
Asset Type
Industrial
Closing
Sep 24, 2026
About this deal
AI
This industrial property is located at 705 & 709 Northwest 8th Avenue in Fort Lauderdale. The transaction was completed for a sale price of $3,600,000, with a total square footage of 14,500, resulting in a price per square foot of $248.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,600,000
- Address: 705 & 709 Northwest 8th Avenue
- Market: Fort Lauderdale
- Square Footage: 14,500
- Price per Square Foot: $248
- Buyer: Yuan Yin Yen
- Seller: Tal Levinson & Eric Malinasky
- Seller's Representative: Jordan Beck - Berger Commercial Realty
The transaction involved key individuals, with Yuan Yin Yen as the buyer and Tal Levinson along with Eric Malinasky as sellers. Jordan Beck represented the sellers through Berger Commercial Realty in this industrial property deal.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93