Updated Aug 18, 2026
Vivian Williams Purchases North Miami Multifamily Property From Vivek Iyengar For $3,550,000
1795�ne�116th Rd
$3,550,000
$268/SF
Building Size
13,202 SF
Asset Type
MultiFamily
Closing
Dec 2, 2015
About this deal
AI
The property asset involved in this transaction is a MultiFamily residence located at 1795 Ne 116th Rd in North Miami. The property encompasses a total square footage of 13,202 and was sold for a price of $3,550,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,550,000.00
- Address: 1795 Ne 116th Rd
- Market: North Miami
- Square Footage: 13,202
- Buyer: Vivian Williams
- Seller: Vivek Iyengar
- Brokers: Arthur Porosoff
Vivian Williams acted as the buyer in this transaction, while Vivek Iyengar served as the seller. Arthur Porosoff represented the buyer in this deal, facilitating the transaction between these parties.
On the Map
$3,550,000
$268/SF
MultiFamily
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North Miami 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
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93