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830 Northwest 22nd Street

Mario Montoya Purchases Industrial Property From Javier Zayas For $3.45 Million In Miami
SOLDIndustrial

Mario Montoya Purchases Industrial Property From Javier Zayas For $3.45 Million In Miami

830 Northwest 22nd Street & 840 Northwest 22nd Street

$3,450,000

$436/SF

Building Size

7,900 SF

Asset Type

Industrial

Closing

May 14, 2026

AI

The asset involved in the transaction is an industrial property located at 830 Northwest 22nd Street and 840 Northwest 22nd Street in Miami. The sale price for this property was $3,450,000, and it encompasses a total square footage of 7,900, resulting in a price per square foot of $436.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,450,000
  • Square Footage: 7,900
  • Price Per Square Foot: $436
  • Buyer: Mario Montoya
  • Seller: Javier Zayas
  • Seller's Representative: Jonathan Eismann - Gridline Properties
  • Date of Sale: 05/15/2026
  • Market: Miami

The transaction was facilitated by Jonathan Eismann of Gridline Properties, who represented the seller, Javier Zayas, in the sale to buyer Mario Montoya. The closing date of the transaction was on May 15, 2026.

Players

Jonathan Eismann

Gridline Properties

Broker

$104.2M

vol

38 deals

Broker
Javier Zayas-Bazan

Javier Zayas-Bazan

Seller

$46.8M

vol

2 deals

Seller

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

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93