Yamila Alfonso Purchases MultiFamily Property At 195 W 25th St From Samuel Socherman For $2,000,000
195 W 25th St
$2,000,000
$129/SF
Building Size
15,472 SF
Asset Type
MultiFamily
Closing
Aug 30, 2013
AI
The property asset involved in this transaction is a multi-family building located at 195 W 25th St, Miami. The asset spans a total square footage of 15,472 and was sold for a price of $2,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,000,000.00
- Address: 195 W 25th St
- Market: Miami
- Square Footage: 15,472
- Buyer: Yamila Alfonso
- Seller: Samuel Socherman
- Brokers: Arthur Porosoff, Jorge Ruiz (Premier Properties), Hernando Perez (Horvath & Tremblay)
The key individuals in the transaction include the buyer, Yamila Alfonso, and the seller, Samuel Socherman. The brokerage firms involved were Premier Properties, represented by Jorge Ruiz, and Horvath & Tremblay, represented by Hernando Perez. Arthur Porosoff also played a role in facilitating 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93