SOLDMultiFamily
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
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.
Players
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