Updated Dec 21, 2023
Bryan Benhamou & Brigitte Lina Sell Miami Multifamily For $1.7M
536 Northeast 62nd Street, Miami, FL, USA
$1,700,000
$369/SF
Building Size
4,600 SF
Asset Type
MultiFamily
Closing
May 31, 2021
About this deal
AI
A multifamily property located at 536 NE 62nd St in Miami has been sold for $1,700,000. The property consists of 8 units, with a price per unit of $212,500.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 536 NE 62nd St
- Market: Miami
The sale of this property was facilitated by Bryan Benhamou & Brigitte Lina, representing the buyer and seller in this transaction.
The multifamily sale at 536 Northeast 62nd Street, Miami, FL, USA in Miami, Florida sold for $1.7M in 2021. Reported inventory is 4,600 square feet across 8 units, or about 369 per square foot. Bryan Benhamou, Brigitte Lina, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty. This page is the Miami, Florida file for the 536 Northeast 62nd Street, Miami, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Miami sit in the Market section below. Filter that Miami multifamily set by closing date to see what else sold near 536 Northeast 62nd Street, Miami, FL, USA around 2021. Published consideration for 536 Northeast 62nd Street, Miami, FL, USA is $1.7M, dated 2021. Cite this Bryan Benhamou & Brigitte Lina Sell Miami Multifamily For $1.7M sale when underwriting similar multifamily product around Miami, Florida.
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Miami 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93