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1106 5th Avenue South

Zaira Papageorgiou Purchases Industrial Asset At 1106 5th Avenue South For $1.97M
SOLDIndustrial

Zaira Papageorgiou Purchases Industrial Asset At 1106 5th Avenue South For $1.97M

1106 5th Avenue South

$1,967,500

$286/SF

Building Size

6,875 SF

Asset Type

Industrial

Closing

Aug 7, 2025

AI

This industrial asset, located at 1106 5th Avenue South in the Lake Worth Beach market, has a sale price of $1,967,500. The property encompasses 6,875 square feet, translating to a price per square foot of $286.

Summary of transaction details:

The transaction involved Zaira Papageorgiou as the buyer who acquired the property from a group of sellers including Dan Abrahams, Shai Moschowits, Oniel Samuel, and Lior Cohen. Tyler Kuhlman represented the seller in this deal within the CBRE agency.

Players

Tyler Kuhlman

CBRE

Broker

$1.6B

vol

113 deals

Broker
CBRE
CBREBrokerage
Shai Moschowits

Shai Moschowits

Seller

$111.5M

vol

7 deals

Seller

Lake Worth Beach Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.06%

Cash-on-Cash

-2.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93