Updated Dec 21, 2023
Antonios Yazbek Acquires Flex Building In Miami From George Feldenkreis For $3.3M
7495 NW 48th St, Miami, FL 33166
$3,300,000
$195/SF
Building Size
16,855 SF
Asset Type
Industrial
Closing
Mar 21, 2022
About this deal
AI
The flex building located at 7495 NW 48th St in Miami has been sold. The transaction took place on 03/22/2022.
Summary of transaction details
- Property Type: Flex Building
- Transaction Amount: $3,300,000
- Address: 7495 NW 48th St, Miami
- Square Footage: 16,855 SF
- Price per Square Foot: $196
The buyer of the property is Antonios Yazbek, while the seller is George Feldenkreis. Representing the buyer is Donald Shapiro from KG Commercial at Compass, and representing the seller is Daniel French from Florida Realty of Miami.
The property was initially listed for $3,275,000 and was ultimately sold for $3,300,000.
On the Map
$3,300,000
$195/SF
Industrial
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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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93