Updated Aug 25, 2026
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 11, 2025
About this deal
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:
- Property Type: MultiFamily
- Transaction Amount: $12,250,000.00
- Address: 1943 Nw 2 Ct
- Market: Miami
- Square Footage: 22,104
- Buyer: Daniel Costa
- Seller: Tyler Leeson
- Broker: Arthur Porosoff
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.
On the Map
$12,250,000
$554/SF
MultiFamily
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Players
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