Anibal Duarte-Viera Acquires Multifamily Asset In Miami For $6,450,000 From Richard Berenson
2890 Virginia St
$6,450,000
$105/SF
Building Size
61,335 SF
Asset Type
MultiFamily
Closing
Sep 10, 2013
AI
The asset involved in this transaction is a MultiFamily property located at 2890 Virginia St, Miami. The transaction price for this property is $6,450,000.00, and it features a square footage of 61,335.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,450,000.00
- Address: 2890 Virginia St
- Market: Miami
- Square Footage: 61,335
- Buyer: Anibal Duarte-Viera
- Seller: Richard Berenson
- Brokers: Arthur Porosoff, Jorge Ruiz (Premier Properties), Apul Nudelman
This transaction involved key individuals including buyer Anibal Duarte-Viera and seller Richard Berenson, with brokerage services provided by Arthur Porosoff, Jorge Ruiz from Premier Properties, and Apul Nudelman, who facilitated 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
2.46%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93