Drew Levey And Avi Kalatsky Acquire Multifamily Asset In Miami For $6,000,000 From Alejandro Gershanik
429 Sw 23 Rd
$6,000,000
$330/SF
Building Size
18,156 SF
Asset Type
MultiFamily
Closing
Mar 23, 2026
AI
The transaction involves a multi-family asset located at 420 Nw 10th St in the Miami market. The property spans 18,156 square feet and was sold for a total price of $6,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,000,000.00
- Address: 420 Nw 10th St
- Market: Miami
- Square Footage: 18,156
- Buyer: Drew Levey and Avi Kalatsky
- Seller: Alejandro Gershanik
- Brokers: Arthur Porosoff, Alejandro Gershanik (BM2 Realty)
The deal highlighted the collaboration between the brokers Arthur Porosoff and Alejandro Gershanik, representing the seller in this transaction. The buyers, Drew Levey and Avi Kalatsky, are also key individuals in this closed property deal.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93