Drew Levey & Avi Kalatsky Of LRL Management Acquire Multifamily Asset In Miami For $6M

The transaction involved a multifamily property located at 420 Northwest 10th Street in Miami, sold for $6,000,000. This property comprises 34 units and spans a total area of 18,156 square feet, representing a price per unit of $176,470 and a price per square foot of $330.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,000,000
• Units: 34
• Square Footage: 18,156
• Price Per Unit: $176,470
• Price Per Square Foot: $330
• Buyer: Drew Levey & Avi Kalatsky - LRL Management
• Seller: Alejandro Gershanik
• Buyer's Representative: Arthur Porosoff - Compass
• Seller's Representative: Alejandro Gershanik - BM2 Realty

Buyers Drew Levey and Avi Kalatsky represent LRL Management in this transaction. The seller, Alejandro Gershanik, is also acting as his own representative through BM2 Realty as well as participating as the seller in the deal. Arthur Porosoff from Compass represented the buyers, completing the transaction in the Miami market.