William Ochiatta Sells Mixed-Use Asset At 6229 Northeast 2nd Avenue For $1.86M
6229 Northeast 2nd Avenue
$1,860,000
$424/SF
Building Size
4,380 SF
Asset Type
Mixed-use
Closing
May 26, 2025
AI
The property involved in this transaction is a mixed-use asset located at 6229 Northeast 2nd Avenue in Miami. The sale price for the property was $1,860,000, with a total square footage of 4,380 and a price per square foot of $424.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,860,000
- Address: 6229 Northeast 2nd Avenue
- Market: Miami
- Square Footage: 4,380
- Price per Square Foot: $424
- Seller: William Ochiatta
- Buyer's Representative: Ekaterina Ladik - Compass
- Seller's Representatives: Giovanni Bertolotti & Jaime Ojeda - Fausto Commercial Realty Consultants
This transaction involved key individuals such as William Ochiatta, who was the seller. The buyer's representation was handled by Ekaterina Ladik from Compass, while the seller's interests were represented by Giovanni Bertolotti and Jaime Ojeda from Fausto Commercial Realty Consultants.
Players
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
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93