Updated Aug 18, 2026
Sonia Aragon Acquires MultiFamily Property In Miami Beach From Arthur Porosoff For $1.875M
1020 6th St
$1,875,000
$828/SF
Building Size
2,262 SF
Asset Type
MultiFamily
Closing
Sep 2, 2022
About this deal
AI
The property involved in the transaction is a MultiFamily asset located at 1020 6th St, Miami Beach. The asset encompasses a total square footage of 2,262 and was sold for a price of $1,875,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,875,000.00
- Address: 1020 6th St
- Market: Miami Beach
- Square Footage: 2,262
- Buyer: Sonia Aragon
- Seller: Arthur Porosoff
- Brokers: Arthur Porosoff, Javier Ubeda
In this transaction, Sonia Aragon acted as the buyer, while Arthur Porosoff was the seller. The brokers representing the deal were Arthur Porosoff and Javier Ubeda, facilitating the agreement between the parties involved.
Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.46%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93