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1943 Nw 2 Ct

Updated Aug 25, 2026

Bilt advertisement
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 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.

Players

Arthur Porosoff

Broker
Broker

Francis Beracha

Buyer

$12.3M

vol

1 deal

Buyer

Arthur Porosoff

Seller

$438.9M

vol

17 deals

Seller

Banco Popular

Lender

$12.3M

vol

1 deal

Lender

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $554 per square foot on a published $12.3M for 22,104 square feet (2025).

Visit Arthur Porosoff to view all their deals.

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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

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