Carlos Torres Acquires Multifamily Asset From Alejandro Gershanik In Miami For $4.93M

The property asset involved in this transaction is a 24-unit multifamily building located at 1528 Northwest 3rd Street in the Little Havana neighborhood of Miami. The sale price for this asset was $4,930,000, with a total square footage of 15,187 and a price per square foot of $324. Additionally, the lot size measures 7,500 square feet, resulting in a price per lot square foot of $657. The sale price per unit stands at $205,416.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,930,000
• Buyer: Carlos Torres
• Seller: Alejandro Gershanik
• Brokers: Ron Mann, Carl Gorman & Ricardo Lay - APEX Capital Realty
• Total Building Square Footage: 15,187
• Lot Size: 7,500 SF
• Price Per Square Foot: $324
• Price Per Lot Square Foot: $657
• Sale Price Per Unit: $205,416

The transaction included representatives from APEX Capital Realty, with Ron Mann, Carl Gorman, and Ricardo Lay facilitating the deal between Carlos Torres and Alejandro Gershanik. They played a key role in coordinating the transaction to ensure its successful completion.