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1101 Northeast 80th Street,...

Updated May 12, 2025

Alexander Tauber & CyrilMatz Acquire Multifamily Property In Miami For $3.75M
SOLDMultiFamily

Alexander Tauber & CyrilMatz Acquire Multifamily Property In Miami For $3.75M

1101 Northeast 80th Street, Miami, FL, USA

$3,750,000

$206/SF

Building Size

18,176 SF

Asset Type

MultiFamily

Closing

Mar 3, 2020

About this deal

AI

The property asset involved in the transaction is a multifamily building located at 1101 NE 80th Street. It was sold for $3,750,000, encompassing 18,176 square feet and consisting of 24 units, resulting in a price per square foot of $206.32 and a price per unit of $156,250.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,750,000
  • Square Footage: 18,176 SF
  • Units: 24
  • Price Per Square Foot: $206.32
  • Price Per Unit: $156,250
  • Buyer: Alexander Tauber & Cyril Matz
  • Seller: Aaron Kurlansky
  • Broker: Jordan Gimelstien, P.A.

This transaction involved Alexander Tauber and Cyril Matz as the buyers and Aaron Kurlansky as the seller. The deal was represented by broker Jordan Gimelstien from P.A., facilitating the agreement between the parties.

Players

Aaron Kurlansky

Sheridan Capital

Broker

$588.1M

vol

20 deals

Broker

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $206 per square foot on a published $3.8M for 18,176 square feet (2020).

Visit Cyril Matz to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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