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420 Nw 10th St

Updated Aug 18, 2026

Alejandro Gershanik Of BM2 Realty Represents Buyer In Miami Multifamily Sale For $4,146,000
SOLDMultiFamily

Alejandro Gershanik Of BM2 Realty Represents Buyer In Miami Multifamily Sale For $4,146,000

420 Nw 10th St

$4,146,000

$228/SF

Building Size

18,156 SF

Asset Type

MultiFamily

Closing

Oct 10, 2019

About this deal

AI

The asset involved in this transaction is a MultiFamily property located at 420 Nw 10th St, Miami. The property encompasses a total square footage of 18,156 and was sold for $4,146,000.00.

Summary of transaction details:

This transaction featured Alejandro Gershanik as the buyer, who is also among the brokers representing the deal. The seller, Fausto Callava, concluded this sale with the assistance of the brokerage team from BM2 Realty, comprising Arthur Porosoff and Alejandro Gershanik.

Players

Alejandro Gershanik

BM2 Realty

Broker

$118.4M

vol

39 deals

Broker
Alejandro Gershanik

Alejandro Gershanik

Buyer

$118.4M

vol

39 deals

Buyer

Fausto Callava

Seller

$6M

vol

3 deals

Seller
Bilt advertisement

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $228 per square foot on a published $4.1M for 18,156 square feet (2019).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.83%

Cash-on-Cash

-1.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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