Updated Aug 18, 2026
Alfred Sayegh Acquires MultiFamily Asset From Richard Berenson In Coral Gables For $2,145,000
24 Calabria Ave
$2,145,000
$191/SF
Building Size
11,186 SF
Asset Type
MultiFamily
Closing
Jul 23, 2014
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 24 Calabria Ave, Coral Gables. The property encompasses a total square footage of 11,186 and was sold for $2,145,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,145,000.00
- Address: 24 Calabria Ave
- Market: Coral Gables
- Square Footage: 11,186
- Buyer: Alfred Sayegh
- Seller: Richard Berenson
- Broker Representatives: Arthur Porosoff, Paul Nudelman
The deal featured key individuals, with Alfred Sayegh acting as the buyer and Richard Berenson as the seller. The transaction was represented by brokers Arthur Porosoff and Paul Nudelman, facilitating the completion of the sale.
On the Map
$2,145,000
$191/SF
MultiFamily
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Players
Coral Gables 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
7.40%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93