facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

5926 Pierce Street

Eric Ontman Purchases Multifamily Property From Alejandro Gershanik For $1.35M In Hollywood
SOLDMultiFamily

Eric Ontman Purchases Multifamily Property From Alejandro Gershanik For $1.35M In Hollywood

5926 Pierce Street

$1,350,000

$303/SF

Building Size

4,456 SF

Asset Type

MultiFamily

Closing

Sep 18, 2025

AI

The property asset involved in this transaction is a multifamily residential building located at 5926 Pierce Street in the Hollywood market. The sale price was set at $1,350,000, comprising 8 units and spanning a total square footage of 4,456. The price per unit is calculated at $168,750, while the price per square foot stands at $302.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,350,000
  • Units: 8
  • Square Footage: 4,456
  • Price Per Unit: $168,750
  • Price Per Square Foot: $302
  • Buyer: Eric Ontman
  • Seller: Alejandro Gershanik
  • Broker: Elior Levi - Fausto Commercial Realty Consultants

This transaction features key individuals including the buyer, Eric Ontman, and the seller, Alejandro Gershanik. Elior Levi represented the broker firm Fausto Commercial Realty Consultants in this deal, facilitating the transaction on behalf of the seller.

Players

Elior Levi

Fausto Commercial Realty Consultants

Broker

$100.9M

vol

38 deals

Broker
Alejandro Gershanik

Alejandro Gershanik

Seller

$94.9M

vol

34 deals

Seller

Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93