Jose Ricardo Sigala Acquires Multifamily Property In Little Haiti, Miami For $1.42M

A multifamily property located at 159-165 NE 56 St in Little Haiti, Miami has recently been sold. The transaction took place on October 25, 2021, and the property was sold for a price of $1,425,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,425,000
• Address: 159-165 NE 56 St, Little Haiti, Miami

The property consists of 8 units, with a price per unit (PPU) of $178,125. It spans a total area of 4,296 square feet, equating to a price per square foot (PPSF) of $332. The sale of this multifamily asset was facilitated by brokers Rafael Fermoselle and Sharif Bula from Eleventrust RE.

The buyer of the property is Jose Ricardo Sigala, while the seller is Isaac Peckel. Rafael Fermoselle and Sharif Bula represented both parties in the deal.