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90 Northeast 54th Street

Leon Mondesir Sells Mixed-use Property At 90 Northeast 54th Street Miami For $1.65M
SOLDMixed-use

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

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.

Players

Jamie Rose Maniscalco

The Alpha Commercial

Broker

$197.5M

vol

57 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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93