facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Mixed Use

/

Sale

/

131 East Atlantic Avenue

Alex Redfearn Of Redfearn Capital Acquires Mixed-Use Property In Delray Beach From Steve And Lee Cohen
SOLDMixed-use

Alex Redfearn Of Redfearn Capital Acquires Mixed-Use Property In Delray Beach From Steve And Lee Cohen

131 East Atlantic Avenue

Building Size

9,114 SF

Asset Type

Mixed-use

Closing

Dec 14, 2025

AI

The property asset involved in the transaction is a mixed-use building located at 131-137 East Atlantic Avenue in Delray Beach. It encompasses a total square footage of 9,114. The transaction occurred on December 15, 2025.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: Not specified
  • Address: 131-137 East Atlantic Avenue
  • Market: Delray Beach
  • Asset Size: 9,114 SF
  • Buyer: Alex Redfearn - Redfearn Capital
  • Seller: Steve Cohen & Lee Cohen
  • Seller's Representative: Michael Ciadella - Cushman & Wakefield

The transaction involved key individuals, with Alex Redfearn representing Redfearn Capital as the buyer. The sellers in this transaction were Steve Cohen and Lee Cohen, who engaged Michael Ciadella from Cushman & Wakefield as their representative in the deal.

Players

Michael Ciadella

Cushman & Wakefield

Broker

$590M

vol

34 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage

Alex Redfearn

Redfearn Capital

Buyer

$586.6M

vol

16 deals

Buyer
Redfearn Capital
Redfearn CapitalBuyer
Lee Cohen

Lee Cohen

Seller

$299M

vol

25 deals

Seller

Delray Beach Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93