Updated May 12, 2025
Michael Abadi & Nathan Yadgar Acquire Multifamily Property In Miami, FL For $2.7M
14280 Northeast 6th Avenue, Miami, Florida 33161, United States
$2,725,000
$333/SF
Building Size
8,184 SF
Asset Type
MultiFamily
Closing
May 17, 2022
About this deal
AI
The property asset involved in this transaction is located at 14280 Ne 6th Ave in Miami, FL. It is categorized as a multifamily asset with a total square footage of 8,184. The transaction was completed for a price of $2,725,000, translating to a price per square foot of approximately $332.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,725,000
- Address: 14280 Ne 6th Ave
- Market: Miami, FL
- Square Footage: 8,184
- Price per Square Foot: $332
- Buyer: Michael Abadi & Nathan Yadgar
- Seller: Jacob K. Ohayon
The deal involved the participation of the buyers Michael Abadi and Nathan Yadgar, who purchased the property from seller Jacob K. Ohayon. This transaction marks a significant movement in the multifamily sector within the Miami market.
On the Map
$2,725,000
$333/SF
MultiFamily
View full map
North Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jacob Ohayon to view all their deals.
Browse North Miami multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.82%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93