Matan Greenberg Purchases 8-Unit Multifamily Property From Victor Benatar For $1.725M In North Miami

This multifamily asset, located at 1217 Northeast 127th Street in North Miami, was sold for $1,725,000. The property consists of 8 units, totaling 10,000 square feet, with a price per unit of $215,625 and a price per square foot of $172.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,725,000
• Buyer: Matan Greenberg
• Seller: Victor Benatar
• Seller's Representative: Ron Mann - MCG Realty Advisors
• Seller's Representative: Karley Chynces - ONE Sotheby's International Realty
• Units: 8
• Square Footage: 10,000
• Price Per Unit: $215,625
• Price Per Square Foot: $172

Ron Mann and Karley Chynces represented the seller in this transaction. Ron Mann had also facilitated the original acquisition of the property four years prior, highlighting a significant financial gain for the seller during this recent sale.