Nicki Dehghani Acquires Multifamily Property In North Miami Beach For $2.025M
17175 NE 19th Ave North Miami Beach, FL 33162, USA
$2,025,000
$475/SF
Building Size
4,260 SF
Asset Type
MultiFamily
Closing
Aug 10, 2023
AI
A multifamily property located at 17175 NE 19th Avenue in North Miami Beach has been sold for a total price of $2,025,000. The property spans 4,260 square feet, resulting in a price per square foot of $475. It consists of 8 units, with each unit being sold at an average price of $253,125.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,025,000
- Address: 17175 NE 19th Avenue, North Miami Beach
- Market: North Miami Beach
The buyer of the property is Nicki Dehghani, while the seller is Nathan Yadgar. Adriano Salucci and Yoni Sunshine from APEX Capital Realty represented the buyer, and Jamie Rose Maniscalco and Liz Coloma, also from APEX Capital Realty, represented the seller in the transaction.
Players
North Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93