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1943 Nw 2 Ct

David Barkus Acquires Multifamily Asset From Jody Cohen For $11,750,000 In Miami
SOLDMultiFamily

David Barkus Acquires Multifamily Asset From Jody Cohen For $11,750,000 In Miami

1943 Nw 2 Ct

$11,750,000

$216/SF

Building Size

54,316 SF

Asset Type

MultiFamily

Closing

Feb 17, 2026

AI

The property asset involved in the transaction is a MultiFamily type located at 3300 South Dixie Hwy in Miami. The total square footage of the asset is 54,316. The transaction was completed for a price of $11,750,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $11,750,000.00
  • Address: 3300 South Dixie Hwy
  • Market: Miami
  • Square Footage: 54,316
  • Buyer: David Barkus
  • Seller: Jody Cohen

The brokers involved in the transaction include Arthur Porosoff, Arden Karson from Karson & Co, and Calum Weaver from CBRE, all of whom played a significant role in facilitating the sale.

Players

Arden Karson

Karson & Co

Broker

$29.6M

vol

5 deals

Broker

David Barkus

Buyer
Buyer

Jody Cohen

Seller
Seller

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.35%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93