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2261 Northeast 164th Street

Updated May 29, 2026

Bilt advertisement
SOLDIndustrial

Shane Decker And Peleg Amzalag Of Decker Capital Acquire Industrial Park In North Miami Beach For $13.5M

2261 Northeast 164th Street

$13,500,000

$350/SF

Building Size

38,500 SF

Asset Type

Industrial

Closing

May 17, 2026

About this deal

AI

The industrial asset sold is situated at 2261 Northeast 164th Street in North Miami Beach. The transaction involved a sale price of $13,500,000 for a 38,500 square foot building, which translates to a price per square foot of $350. The property consists of 14 units and is located at a significant intersection in Miami, known for its busy traffic flow.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $13,500,000
  • Square Footage: 38,500
  • Price per Square Foot: $350
  • Buyer: Shane Decker & Peleg Amzalag - Decker Capital
  • Seller: Isaac Toledano & Liat Toledano - BH Group
  • Broker: Kameron Djamal
  • Date of Transaction: 05/18/2026

The buyers, Shane Decker and Peleg Amzalag from Decker Capital, have expressed intentions to transform the property into a destination catering to various users, including car storage, art dealers, showrooms, man caves, and boutique fitness spaces. The sellers, Isaac Toledano and Liat Toledano of BH Group, have divested a notable asset in a market characterized by high demand for small-bay industrial properties.

Players

Kameron Djamal

Broker

$17M

vol

2 deals

Broker

Shane Decker

Decker Capital

Buyer

$406M

vol

22 deals

Buyer
Liat Toledano

Liat Toledano

BH Group

Seller

$914.1M

vol

13 deals

Seller

North Miami Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $350 per square foot on a published $13.5M for 38,500 square feet (2026).

Visit Shane Decker to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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