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1943 Nw 2 Ct

Daniel Costa Acquires 1943 Nw 2 Ct Multifamily In Miami From Tyler Leeson For $12,250,000
SOLDMultiFamily

Daniel Costa Acquires 1943 Nw 2 Ct Multifamily In Miami From Tyler Leeson For $12,250,000

1943 Nw 2 Ct

$12,250,000

$554/SF

Building Size

22,104 SF

Asset Type

MultiFamily

Closing

Mar 12, 2025

AI

The asset involved in this transaction is a MultiFamily property located at 1943 Nw 2 Ct in the Miami market. The transaction was completed at a price of $12,250,000.00 for a total square footage of 22,104.

Summary of transaction details:

The transaction involved Daniel Costa as the buyer, while Tyler Leeson was the seller. The representation in this deal was managed by Arthur Porosoff, the broker involved in facilitating the transaction.

Players

Arthur Porosoff

Broker
Broker

Daniel Costa

Buyer
Buyer

Tyler Leeson

Seller

$414.3M

vol

15 deals

Seller

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

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93