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1843 Dewey St, Hollywood, F...

Alejandro Gershanik Acquires Hollywood Multifamily For $3.1M
SOLDMultiFamily

Alejandro Gershanik Acquires Hollywood Multifamily For $3.1M

1843 Dewey St, Hollywood, FL, USA

$3,125,000

$352/SF

Building Size

8,855 SF

Asset Type

MultiFamily

Closing

Nov 22, 2021

AI

A multifamily property located at 1843 Dewey St in Hollywood has been sold for $3,125,000. The property consists of 27 units with an average price per unit of $115,741. The total square footage of the property is 8,855, resulting in a price per square foot of $353. The sale took place on November 22, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,125,000
  • Address: 1843 Dewey St
  • Market: Hollywood

Alejandro Gershanik acted as both the buyer and broker for this transaction. Guy Goldberg was the seller. Alejandro Gershanik represented himself and the buyer as the broker from BM2 Realty.

Players

Alejandro Gershanik

BM2 Realty

Broker

$94.9M

vol

34 deals

Broker
Guy Goldberg

Guy Goldberg

Seller

$51.3M

vol

9 deals

Seller

Hollywood 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

5.08%

Cash-on-Cash

-1.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93