Michael Aleman Purchases Multifamily Asset From Alejandro Bespalko For $1,275,000 In Miami
1319 Northwest 60th Street
$1,275,000
$222/SF
Building Size
5,728 SF
Asset Type
MultiFamily
Closing
Aug 3, 2026
AI
The property asset involved in this transaction is a multifamily building located at 1319 Northwest 60th Street in Miami. The sale price for the property was $1,275,000, and it encompasses a total square footage of 5,728. The price per unit amounts to $159,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,275,000
- Address: 1319 Northwest 60th Street
- Market: Miami
- Square Footage: 5,728
- Price Per Unit: $159,000
- Buyer: Michael Aleman
- Seller: Alejandro Bespalko
- Buyer's Representative: Ernie Perez - Gridline Properties
- Seller's Representative: Alejandro Gonzalez - Horvath & Tremblay
Ernie Perez represents the buyer, Michael Aleman, through Gridline Properties, which is noted for its investment sale representation and strategic real estate consulting in South Florida. Alejandro Gonzalez represents the seller, Alejandro Bespalko, through Horvath & Tremblay, a firm that actively engages in various property transactions in the area.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.44%
Cash-on-Cash
-3.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93