Updated Nov 10, 2026
SOLDMultiFamily
Sara Colombo Of The Cushman School Acquires Multifamily Property In Miami For $3.5M
552 Northeast 61st Street
$3,500,000
$1,269/SF
Building Size
2,758 SF
Asset Type
MultiFamily
Closing
Oct 28, 2026
About this deal
AI
A multifamily property was sold for $3.5 million at 552 Northeast 61st Street in Miami. The asset spans 2,758 square feet with a price per square foot amounting to $1,269.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,500,000
- Square Footage: 2,758
- Price per Square Foot: $1,269
- Buyer: Sara Colombo - The Cushman School
- Seller: Cyril Matz
- Date of Sale: 10/28/2026
The Cushman School, under the leadership of board chair Sara Colombo, took ownership of the multifamily property from seller Cyril Matz, concluding the transaction on the specified date.
On the Map
$3,500,000
$1,269/SF
MultiFamily
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MIAMI MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93