Updated Aug 18, 2026
Arthur Porosoff Represents Sale Of MultiFamily Asset At 1943 Nw 2 Ct Miami For $12.25M
1943 Nw 2 Ct
$12,250,000
$554/SF
Building Size
22,104 SF
Asset Type
MultiFamily
Closing
Mar 12, 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 price was set at $12,250,000.00, and the property encompasses 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
- Brokers: Arthur Porosoff
Arthur Porosoff played a significant role as the broker in this transaction, facilitating the sale and representing the parties involved in the deal.
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