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4100 Northwest 16th Avenue

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

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.

Players

Dan Dratch

Franklin Street

Broker

$267.8M

vol

48 deals

Broker

Fort Lauderdale 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

1.56%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93