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515 Northeast 82nd Street, ...

Liliana Alvarez Acosta & Alfredo Ferro Acquire Multifamily Property On NE 82nd St In Miami For $2.73M
SOLDMultiFamily

Liliana Alvarez Acosta & Alfredo Ferro Acquire Multifamily Property On NE 82nd St In Miami For $2.73M

515 Northeast 82nd Street, Miami, Florida 33138, United States

$2,730,000

$370/SF

Building Size

7,377 SF

Asset Type

MultiFamily

Closing

Jul 28, 2022

AI

The multifamily property located at 515 NE 82nd St in Miami, FL was recently sold in a closed transaction. The property spans across 7,377 square feet and was sold for a total price of $2,730,000, resulting in a price per square foot of $370.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,730,000
  • Address: 515 NE 82nd St, Miami, FL
  • Market: Miami, FL
  • Square Footage: 7,377
  • Buyer: Liliana Alvarez Acosta & Alfredo Ferro
  • Seller: Sheldon Klein

The buyers in this transaction were Liliana Alvarez Acosta and Alfredo Ferro. They were represented by their broker, while Sheldon Klein acted as the seller. The sale of this multifamily property marks a significant deal in the Miami market.

Players

Sheldon Klein

Seller

$5M

vol

2 deals

Seller

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

5.81%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93