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6045 Buchanan Street, Holly...

Updated Dec 20, 2023

Bilt advertisement
Joseph Cohen Acquires Multifamily Property In Hollywood, FL For $2.275M
SOLDMultiFamily

Joseph Cohen Acquires Multifamily Property In Hollywood, FL For $2.275M

6045 Buchanan Street, Hollywood, Florida 33024, United States

$2,275,000

$545/SF

Building Size

4,174 SF

Asset Type

MultiFamily

Closing

Aug 10, 2022

About this deal

AI

A multifamily property located at 6045 Buchanan St in Hollywood, FL has been sold. The property spans 4,174 square feet and was sold for a price of $2,275,000, resulting in a price per square foot of $545.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,275,000
  • Address: 6045 Buchanan St, Hollywood, FL
  • Market: Hollywood, FL

In this transaction, the buyer was Joseph Cohen and the seller was Yossi Lonkri. Their respective representatives in the deal were not mentioned.

The multifamily sale at 6045 Buchanan Street, Hollywood, Florida 33024, United States in Hollywood, Florida sold for $2.3M in 2022. The building is 4,174 square feet, implying about 545 per square foot on the published price. Named participants on the 6045 Buchanan Street, Hollywood, Florida 33024, United States sale are Joseph Cohen. This page is the Hollywood, Florida file for the 6045 Buchanan Street, Hollywood, Florida 33024, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hollywood sit in the Market section below. Filter that Hollywood multifamily set by closing date to see what else sold near 6045 Buchanan Street, Hollywood, Florida 33024, United States around 2022. Published consideration for 6045 Buchanan Street, Hollywood, Florida 33024, United States is $2.3M, dated 2022. Cite this Joseph Cohen Acquires Multifamily Property In Hollywood, FL For $2.275M sale when underwriting similar multifamily product around Hollywood, Florida.

Players

Joseph Cohen

Leviathan Leasing

Buyer

$29.3M

vol

9 deals

Buyer

Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $545 per square foot on a published $2.3M for 4,174 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.97%

Cash-on-Cash

-1.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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