Updated Oct 28, 2024
Nardware Properties LLC Acquires Multifamily Property On NE 34th St In Miami For $6.2M
522 NE 34th St, Miami, FL, USA
$6,200,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 22, 2021
About this deal
AI
A multifamily property located at 522 & 526 NE 34th St in Miami has been sold for a price of $6,200,000. The property is owned by Alejandro Eskenazi and has been acquired by Nardware Properties LLC.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,200,000
- Address: 522 & 526 NE 34th St, Miami
- Seller: Alejandro Eskenazi
- Buyer: Nardware Properties LLC
Alejandro Eskenazi is the seller of the property and Nardware Properties LLC is the buyer in this transaction.
The multifamily sale at 522 NE 34th St, Miami, FL, USA in Miami, Florida sold for $6.2M in 2021. 522 NE 34th St, Miami, FL, USA is classified as Multifamily on Traded. This page is the Miami, Florida file for the 522 NE 34th St, 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 522 NE 34th St, Miami, FL, USA around 2021. Published consideration for 522 NE 34th St, Miami, FL, USA is $6.2M, dated 2021. Cite this Nardware Properties LLC Acquires Multifamily Property On NE 34th St In Miami For $6.2M sale when underwriting similar multifamily product around Miami, Florida.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93