Updated May 12, 2025
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
Miami 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
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93