Leon Mondesir Sells Mixed-use Property At 90 Northeast 54th Street Miami For $1.65M
90 Northeast 54th Street
$1,650,000
$417/SF
Building Size
3,954 SF
Asset Type
Mixed-use
Closing
Mar 24, 2025
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 90 Northeast 54th Street in the Miami market. It was sold for $1,650,000, which translates to a price per square foot of $417. The total square footage of the property is 3,954.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,650,000
- Square Footage: 3,954
- Price Per Square Foot: $417
- Address: 90 Northeast 54th Street
- Market: Miami
- Seller: Leon Mondesir
- Broker Representatives: Jamie Rose Maniscalco & Steffanie Jacobson - The Alpha Commercial
This transaction involved key individuals such as the seller, Leon Mondesir, and was facilitated by broker representatives Jamie Rose Maniscalco and Steffanie Jacobson from The Alpha Commercial. They played a significant role in the deal's completion within the Miami market.
On the Map
$1,650,000
$417/SF
Mixed-use
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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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93