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72 NW 79th St, Miami, FL, USA

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

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

72 NW 79th St, Miami, FL, USA

$2,475,000

$599/SF

Building Size

4,130 SF

Asset Type

Industrial

Closing

Jul 2, 2020

AI

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

Metro 1 Commercial

Broker

$193.4M

vol

35 deals

Broker

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

6.41%

Cash-on-Cash

-1.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93