Updated Aug 18, 2026
Hoi-Sang Yeung Acquires Miami Beach MultiFamily For $2,850,000 From Amy Majchrzyk
1211-1219 Marseille Dr
$2,850,000
$225/SF
Building Size
12,648 SF
Asset Type
MultiFamily
Closing
Nov 30, 2017
About this deal
AI
The property asset involved in the transaction is a MultiFamily building located at 1211-1219 Marseille Dr in the Miami Beach market. The transaction was completed at a price of $2,850,000.00 and encompasses a total square footage of 12,648.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,850,000.00
- Address: 1211-1219 Marseille Dr
- Market: Miami Beach
- Square Footage: 12,648
- Buyer: Hoi-Sang Yeung
- Seller: Amy Majchrzyk
- Broker Representatives: Arthur Porosoff, David Cohen (Horvath & Tremblay), Daniel Bajaroff
The transaction involved key individuals including buyer Hoi-Sang Yeung and seller Amy Majchrzyk, facilitated by the brokerage team represented by Arthur Porosoff, David Cohen from Horvath & Tremblay, and Daniel Bajaroff.
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
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93