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195 W 25th St

Yamila Alfonso Purchases MultiFamily Property At 195 W 25th St From Samuel Socherman For $2,000,000
SOLDMultiFamily

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:

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

Hernando Perez

Horvath & Tremblay

Broker

$31.5M

vol

9 deals

Broker

Yamila Alfonso

Buyer
Buyer

Samuel Socherman

Seller
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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93