Ira Goldmeier Acquires Multifamily Portfolio In Miami For $16.16M
2629 Northwest 17th Avenue, 1001 SW 4 Ave, 441 Southwest 9th Street, 2629 Northwest 17th Avenue, 1991 NW 32nd AveMiami, FL 33125, USA & 2179 Northwest 18th Street
$16,160,000
$54/SF
Building Size
297,708 SF
Asset Type
MultiFamily
Closing
Nov 17, 2023
AI
Located in Miami, the multifamily property at 2629 NW 17 Ave, 1001 SW 4 Ave, 441 SW 9 St, 2629 NW 17 Ave, 1991 NW 32 Ave & 2179 NW 18 Ter has been sold in a recent transaction. The property consists of 78 units spanning across 49,618 square feet. The sale price for this transaction was $16,160,000, with a per unit price of $207,179 and a per square foot price of $326.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $16,160,000
- Units: 78
- Price per Unit: $207,179
- Square Footage: 49,618
- Price per Square Foot: $326
The buyer for the property was Ira Goldmeier, while the seller was Veronica Nagymihaly. The deal was facilitated by the brokers Carlos Fausto Miranda, Miguel Fuentes, and Mauricio Villasuso, who represent Fausto Commercial Realty Consultants.
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
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93