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2201 Greene Street, Hollywo...

Eyal Melamed Sells Multifamily Property In Hollywood For $900,000
SOLDMultiFamily

Eyal Melamed Sells Multifamily Property In Hollywood For $900,000

2201 Greene Street, Hollywood, FL, USA

$900,000

$194/SF

Building Size

4,617 SF

Asset Type

MultiFamily

Closing

Apr 11, 2021

AI

Located at 2201 Greene Street in Hollywood, this multifamily property recently underwent a closed sale transaction. The property spans across 4,617 square feet and boasts a sale price of $900,000. With an asking price of $974,000, the property was sold at a slightly lower amount. The price per square foot comes to $195. The transaction took place on 04/12/2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $900,000
  • Address: 2201 Greene Street
  • Market: Hollywood
  • Broker: Eyal Melamed @Eyalamed

Eyal Melamed from Eyal Melamed represented the parties involved in this transaction, serving as the broker. The sale of this multifamily property in Hollywood is notable for its sale price, which was negotiated down to $900,000 from an initial asking price of $974,000. This successful deal highlights the expertise and negotiation skills of Eyal Melamed in the real estate market.

Players

Eyal Melamed

Broker

$8.6M

vol

4 deals

Broker

Hollywood 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

17.63%

Cash-on-Cash

-5.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93