Updated Sep 11, 2025
Emerald Hollywood Group Acquires Multifamily Property In Hollywood For $31.9M
3910 N 56th Ave, Hollywood, FL, USA
$31,952,589
$150/SF
Building Size
212,334 SF
Asset Type
MultiFamily
Closing
Sep 30, 2021
About this deal
AI
The multifamily property located at 3910 N 56th Ave in Hollywood has been sold in a recent transaction. The sale took place on September 30, 2021, and the property was purchased by 4000 North 56th Owner LLC, Emerald Waters G Owner LLC, Emerald Hollywood Owner LLC, Emerald Hollywood Investor LLC, and Club At Emerald Waters Investors LLC. The sellers of the property were Stuart J. Zook and Aaron Kurlansky. The sale price for this transaction was $31,952,589, with a total square footage of 212,334. This amounts to a price per square foot of $150.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $31,952,589
- Address: 3910 N 56th Ave
- Market: Hollywood
The buyers of this property include 4000 North 56th Owner LLC, Emerald Waters G Owner LLC, Emerald Hollywood Owner LLC, Emerald Hollywood Investor LLC, and Club At Emerald Waters Investors LLC. On the other hand, the sellers were Stuart J. Zook and Aaron Kurlansky. With a square footage of 212,334, this property was sold at a price of $150 per square foot.
Players
Hollywood 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93