Updated Sep 11, 2026
Babba Joshua Yesharim Acquires Industrial Property In Miami For $7M
961 Northwest 7th Street
$7,000,000
$200/SF
Building Size
34,931 SF
Asset Type
Industrial
Closing
Jan 6, 2023
About this deal
AI
Babba Joshua Yesharim has purchased an industrial property located at 961 Northwest 7th Street in Miami. The property spans 34,931 square feet and was sold for $7,000,000, resulting in a price per square foot of $200.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Square Footage: 34,931
- Address: 961 Northwest 7th Street, Miami
The seller of the property was Missika Family. As the buyer's representative, Babba Joshua Yesharim facilitated the transaction on behalf of the buyer.
The industrial sale at 961 Northwest 7th Street in Miami, Florida sold for $7M in 2023. The building is 34,931 square feet, implying about 200 per square foot on the published price. Named participants on the 961 Northwest 7th Street sale are Babba Joshua Yesharim. This page is the Miami, Florida file for the 961 Northwest 7th Street industrial sold: pricing, party profiles, and other closed industrial comps from the same Miami sit in the Market section below. Filter that Miami industrial set by closing date to see what else sold near 961 Northwest 7th Street around 2023. Published consideration for 961 Northwest 7th Street is $7M, dated 2023. Cite this Babba Joshua Yesharim Acquires Industrial Property In Miami For $7M sale when underwriting similar industrial product around Miami, Florida.
Players
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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93