Yonason Greenwald Acquires Miami Beach Multifamily For $3.4M

A multifamily property located at 315 W 28th Street in Miami Beach has recently been sold in a closed transaction. The property consists of 16 units and spans 8,900 square feet. The sale price for this multifamily asset was $3,440,000, resulting in a per unit price of $215,000. The price per square foot was calculated to be $387.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,440,000
• Units: 16
• Price Per Unit: $215,000
• Square Footage: 8,900
• Price Per Square Foot: $387

The buyer in this transaction was Yonason Greenwald, while the seller was Chaime Cahane. The deal was facilitated by brokers Adam Duncan, Joseph Thomas, and Alec Demetriou from Marcus & Millichap. Each of these brokers represented their respective parties in the transaction.