Updated Dec 11, 2024
Yuval Lugassy Acquires Industrial Property In Pompano Beach For $3.52M With Buyer’s Rep Anthony Mamann
1580 Northwest 27th Avenue
$3,520,000
$222/SF
Building Size
15,840 SF
Asset Type
Industrial
Closing
Dec 6, 2024
About this deal
AI
The property located at 1580 Northwest 27th Avenue in Pompano Beach is classified as an industrial asset. This transaction was completed for a sale price of $3,520,000, encompassing a total square footage of 15,840, which translates to a price per square foot of $222.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,520,000
- Square Footage: 15,840
- Price Per Square Foot: $222
- Buyer: Yuval Lugassy
- Seller: Jeffrey Cohen
- Buyer's Representative: Anthony Mamann - LRM CREA
- Seller's Representatives: Kyle Retamar & Blake Rayner - Sutter & Nugent
- Date of Transaction: 12/06/2024
The transaction involved key participants such as Yuval Lugassy as the buyer and Jeffrey Cohen as the seller. The buyer was represented by Anthony Mamann from LRM CREA, while the seller was represented by the team of Kyle Retamar and Blake Rayner from Sutter & Nugent.
On the Map
$3,520,000
$222/SF
Industrial
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Players
Pompano Beach 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
4.51%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93