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David Whyko Sells Industrial Property In Miami For $2.47M With Buyer's Rep Robert Eckstein

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SOLD
$2,475,000

Florida

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Industrial4,130 SF
Sold 07/02/2020
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SOLD

David Whyko Sells Industrial Property In Miami For $2.47M With Buyer's Rep Robert Eckstein

72 NW 79th St, Miami, FL, USA

See Similar Deals
Industrial4,130 SF
Sold 07/02/2020
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$599
Total Square Footage:4,130 SF
Transaction Type:Sale

The industrial property located at 72 NW 79 St in Miami has been sold at a price of $2,475,000. Spanning across 4,130 square feet, the property was sold at a rate of $599 per square foot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $2,475,000
  • Address: 72 NW 79 St, Miami
  • Market: Miami

The seller of the property was David Whyko, while the buyer was represented by Robert Eckstein from NAI Miami. Juan Andres Nava from Metro 1 Commercial acted as the seller's representative in the deal.

Players

Juan Andres Nava
35 deals$193.4M volume
BROKER

Robert Eckstein
NAI Global
6 deals$19.4M volume
BROKER

Details

SOLD
IMAGE: Juan Andres Nava DATE: 07/02/2021 ADDRESS: 72 NW 79 St MARKET: Miami ASSET TYPE: Industrial SELLER: David Whyko BUYER'S REP: Robert Eckstein - NAI Miami SELLER'S REP: Juan Andres Nava (@JuanAndresNavaCre) - Metro 1 Commercial (@Metro1Cre) SALE PRICE: $2,475,000 SF: 4,130 ~ PPSF: $599

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

$132,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,793.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,732.76
Annual Debt Service$140,793.15