facebook
Traded Co logo
Submit

Michael Abadi & Nathan Yadgar Acquire Multifamily Property In Miami, FL For $2.7M

Property Image
SOLD
$2,725,000

Florida

See Similar Deals
MultiFamily8,184 SF
Sold 05/18/2022
the dealplayerscompscontact
Property Image
SOLD

Michael Abadi & Nathan Yadgar Acquire Multifamily Property In Miami, FL For $2.7M

14280 Northeast 6th Avenue, Miami, Florida 33161, United States

See Similar Deals
MultiFamily8,184 SF
Sold 05/18/2022
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$333
Total Square Footage:8,184 SF
Transaction Type:Sale

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.

Players

15 deals$82.4M volume
BROKER

Jacob Ohayon
15 deals$82.4M volume
SELLER

Details

SOLD
IMAGE: 05/18/2022 ADDRESS: 14280 Ne 6th Ave MARKET: Miami, FL ASSET TYPE: Multifamily BUYER: Michael Abadi & Nathan Yadgar SELLER: Jacob K. Ohayon PRICE: $2,725,000 SF: 8,184 ~ PPSF: $332

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$145,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,681.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,917.89
Annual Debt Service$155,014.68