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4100 Northwest 16th Avenue

Updated Mar 30, 2026

Ronen Dagan Sells Multifamily Asset In Oakland Park For $10.15M With Brokers Dan Dratch & Ryan Wold
SOLDMultiFamily

Ronen Dagan Sells Multifamily Asset In Oakland Park For $10.15M With Brokers Dan Dratch & Ryan Wold

4100 Northwest 16th Avenue

$10,150,000

$267/SF

Building Size

37,980 SF

Asset Type

MultiFamily

Closing

Mar 5, 2026

About this deal

AI

The transaction involves a multifamily asset located at 4100 Northwest 16th Avenue in Oakland Park. The property consists of 37 units and spans a total of 37,980 square feet. The sale price was $10,150,000, resulting in a price per unit of $274,324 and a price per square foot of $267.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $10,150,000
  • Units: 37
  • Square Footage: 37,980
  • Price Per Unit: $274,324
  • Price Per Square Foot: $267
  • Seller: Ronen Dagan
  • Brokers: Dan Dratch & Ryan Wold - Franklin Street
  • Market: Oakland Park

Dan Dratch and Ryan Wold represented the seller, Ronen Dagan, in this transaction, facilitating the sale of the multifamily property in Oakland Park.

On the Map

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$10,150,000

$267/SF

MultiFamily

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Players

Dan Dratch

Franklin Street

Broker

$285.9M

vol

52 deals

Broker
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Fort Lauderdale MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $267 per square foot on a published $10.2M for 37,980 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.56%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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