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1261 Northwest 59th Street
SOLD

Luis Salinas Of Safer Capitol Acquires Miami Multifamily For $1.75M

1261 Northwest 59th Street

MultiFamily
9,255 SF
clock iconSold 1 year ago
Oscar Banegas
Greg Matus
Dan Dratch
the dealplayerscompscontact
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Summary

Sale
FLORIDA
MultiFamily
9,255 sqft

The multifamily property located at 1261 NW 59th St in Miami has been sold. The sale was finalized on 12/16/2021. The property was listed for an asking price of $1,700,000 and was ultimately sold for $1,750,000. This property consists of 18 units, with a price per unit (PPU) of $97,222. The total square footage of the property is 9,255, with a price per square foot (PPSF) of $189.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $1,750,000
  • Address: 1261 NW 59th St, Miami
  • Market: Miami
  • Units: 18
  • PPU: $97,222
  • Square Footage: 9,255
  • PPSF: $189

The buyer of the property is Luis Salinas from Safer Capitol, while the seller is Martin Ugarte, who was represented by Dan Dratch, Oscar Banegas, and Greg Matus from Franklin Street.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Oscar Banegas's profile picture
Oscar Banegas
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Senior Associate - Multifamily
$10M Sold
Greg Matus's profile picture
Dan Dratch's profile picture
$149.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Oscar Banegas, Dan Dratch & Greg Matus DATE: 12/16/2021 ADDRESS: 1261 NW 59th St MARKET: Miami ASSET TYPE: Multifamily BUYER: Luis Salinas - Safer Capitol SELLER: Martin Ugarte - 1261 NW 59 Street BROKERS: Dan Dratch, Oscar Banegas, Greg Matus - Franklin Street (@FranklinStreet_Sfl) ASKING PRICE: $1,700,000 SALE PRICE: $1,750,000 UNITS: 18 ~ PPU: $97,222 SF: 9,255 ~ PPSF: $189

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Address1261 Northwest 59th Street

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