facebook
Traded Co logo
Submit

Sidney Kahn Acquires 2-4 Family Property In Miami For $3.5M

Property Image
SOLD
$3,500,000

Florida

See Similar Deals
MultiFamily14,729 SF
Sold 03/25/2022
the dealdetailscomps
Property Image
SOLD

Sidney Kahn Acquires 2-4 Family Property In Miami For $3.5M

1801 Northwest 2nd Court, Miami, Florida 33136, United States

See Similar Deals
MultiFamily14,729 SF
Sold 03/25/2022

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$237
Total Square Footage:14,729 SF
Transaction Type:Sale

The 2-4 Family property located at 1801 NW 2nd CT in Miami, FL has been sold on March 25, 2022. The property spans over an area of 14,729 square feet, with a price per square foot of $237, resulting in a total transaction amount of $3,500,000.

Summary of transation details

  • Property Type: 2-4 Family
  • Transaction Amount: $3,500,000
  • Address: 1801 NW 2nd CT, Miami, FL
  • Market: Miami, FL
  • Buyer: Sidney Kahn
  • Seller: Avrohom Kagan
  • Square Footage: 14,729
  • Price Per Square Foot: $237

In this transaction, Sidney Kahn acquired the property from Avrohom Kagan. The deal reflects the trust and confidence placed in Kahn as the buyer by Kagan as the seller.

Details

SOLD
IMAGE: 03/25/2022 ADDRESS: 1801 NW 2nd CT MARKET: Miami, FL ASSET TYPE: 2-4 Family BUYER: Sidney Kahn SELLER: Avrohom Kagan PRICE: $3,500,000 SF: 14,729 ~ PPSF: $237

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

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)

$186,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43