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Thomas Neary Acquires Multifamily Property In Overtown, Miami For $11.75M

Property Image
SOLD
$11,750,000
Arthur David Porosoff
David Cohen
+ 1

Florida

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MultiFamily45,000 SF
Sold 08/24/2021
the dealplayerscompscontact
Property Image
SOLD

Thomas Neary Acquires Multifamily Property In Overtown, Miami For $11.75M

415 Northwest 9th Street, Miami, FL 33136, USA

See Similar Deals
MultiFamily45,000 SF
Sold 08/24/2021
Arthur David Porosoff
David Cohen
+ 1
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$261
Total Square Footage:45,000 SF
Transaction Type:Sale

The multifamily property located at 415 NW 9th Street in Overtown, Miami has been sold in a recent transaction. The sale took place on August 24, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $11,750,000
  • Address: 415 NW 9th Street, Overtown, Miami
  • Market: Overtown, Miami
  • Buyer: Thomas Neary
  • Seller: Ken Arnold, Jon Arnold, and Alex Moskovitz
  • Brokers: Arthur Porosoff, Joseph Phelps, and David Cohen - The Porosoff Group - Compass
  • Asking Price: $11,500,000
  • Units: 92
  • Price Per Unit (PPU): $127,717
  • Square Footage: 45,000
  • Price Per Square Foot (PPSF): $261

The Porosoff Group, represented by brokers Arthur Porosoff, Joseph Phelps, and David Cohen from Compass, facilitated this sale. The property offers 92 units with a total square footage of 45,000. The transaction was completed with a sale price of $11,750,000, resulting in a price per unit of $127,717 and a price per square foot of $261.

Players

David Cohen
8 deals$275.1M volume
BROKER

Arthur David Porosoff
25 deals$180.7M volume(305) 733-6066
BROKER

Joseph Phelps
Compass
19 deals$11.8M volume
BROKER

Thomas Neary
13 deals$207M volume
BUYER

Thomas Neary
13 deals$207M volume
BUYER

Details

SOLD
IMAGE: Arthur Porosoff, Joseph Phelps & David Cohen DATE: 08/24/2021 ADDRESS: 415 NW 9th Street MARKET: Overtown, Miami ASSET TYPE: Multifamily BUYER: Thomas Neary SELLER: Ken Arnold, Jon Arnold & Alex Moskovitz BROKERS: Arthur Porosoff (@ArtrageousMiami), Joseph Phelps (@JWPhelps123) & David Cohen (@DavCo2699) - The Porosoff Group (@ThePorosoffGroup) - Compass (@Compass) ASKING PRICE: $11,500,000 SALE PRICE: $11,750,000 UNITS: 92 ~ PPU: $127,717 SF: 45,000 ~ PPSF: $261

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