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West 60th Street

Updated Aug 26, 2025

Osvaldo Ortega Purchases Industrial Property In Hialeah For $1.25M With Buyer's Rep Ivet Ortega
SOLDIndustrial

Osvaldo Ortega Purchases Industrial Property In Hialeah For $1.25M With Buyer's Rep Ivet Ortega

West 60th Street

$1,250,000

$279/SF

Building Size

4,480 SF

Asset Type

Industrial

Closing

Aug 21, 2025

About this deal

AI

The property asset involved in the transaction is located at 2141, 2143 & 2145 W 60th St in the Hialeah market. This industrial asset has a total square footage of 4,480 and was sold for a transaction amount of $1,250,000, resulting in a price per square foot of $279.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,250,000
  • Address: 2141, 2143 & 2145 W 60th St
  • Market: Hialeah
  • Total Square Footage: 4,480
  • Price Per Square Foot: $279
  • Buyer: Osvaldo Ortega
  • Seller: Geronimo Hernandez
  • Buyer's Representative: Ivet Ortega - Layer 7 Group
  • Seller's Representatives: Bobby Berrido, CCIM, Ernesto Diaz & Marcos Godoytorrent - Fausto Commercial Realty Consultants

The transaction involved several key individuals. Osvaldo Ortega represented the buyer, while Geronimo Hernandez acted as the seller. The buyer was represented by Ivet Ortega from Layer 7 Group, and the seller was represented by a team from Fausto Commercial Realty Consultants, which included Bobby Berrido, CCIM, Ernesto Diaz, and Marcos Godoytorrent.

On the Map

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$1,250,000

$279/SF

Industrial

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Players

Bobby Berrido, CCIM

Fausto Commercial Realty Consultants

Broker

$112.8M

vol

24 deals

Broker
Fausto Commercial Realty Consultants
Fausto Commercial Realty ConsultantsBrokerage
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Hialeah Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $279 per square foot on a published $1.3M for 4,480 square feet (2025).

Visit Bobby Berrido, CCIM to view all their deals.

Browse Hialeah industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.69%

Cash-on-Cash

-3.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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