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9491 Harding Avenue

Ighal Eliav Acquires Mixed-Use Property In Surfside For $10.2M
SOLDMixed-use

Ighal Eliav Acquires Mixed-Use Property In Surfside For $10.2M

9491 Harding Avenue

$10,225,000

$672/SF

Building Size

15,205 SF

Asset Type

Mixed-use

Closing

Nov 29, 2023

AI

An mixed-use property located at 9491 Harding Avenue in Surfside has been sold for $10,225,000. The property spans across 15,205 square feet, resulting in a price per square foot of $672.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $10,225,000
  • Square Footage: 15,205
  • Price per Square Foot: $672
  • Address: 9491 Harding Avenue, Surfside

The seller of the property was Danny Lavy, while the buyer, represented by Ighal Eliav from Atlas Realty & Investments, acquired the asset. Aaron Labovitz and Brandon Lumish from ABL Real Estate Partners served as the seller's representatives in this transaction.

Players

Aaron Labovitz

ABL Real Estate Partners

Broker

$66.9M

vol

9 deals

Broker

Surfside 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

1.55%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93