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223 Northwest 36th Street

BZG International Acquires Mixed-Use Property In Miami For $5.2M
SOLDMixed-use

BZG International Acquires Mixed-Use Property In Miami For $5.2M

223 Northwest 36th Street

$5,225,000

$344/SF

Building Size

15,151 SF

Asset Type

Mixed-use

Closing

Jan 12, 2024

AI

An investment property located at 223 Northwest 36th Street in Miami has been sold in a mixed-use transaction. The property is comprised of approximately 15,151 square feet and was sold for a total price of $5,225,000, resulting in a price per square foot of $345.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $5,225,000
  • Address: 223 Northwest 36th Street
  • Market: Miami

The deal was facilitated by brokers Brandon Brugal, Uccio Zecchini, and Alejandro Ruiz from BZG International. They represented the parties involved in the transaction and played a significant role in executing the deal successfully.

Players

Brandon Brugal

BZG International

Broker

$47.3M

vol

17 deals

Broker

Miami Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.04%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93