Dominic Urquiola Purchases Multifamily Asset At 820 & 830 Northwest 70th Street For $3M
820 Northwest 70th Street & 830 Northwest 70th Street
$3,000,000
$588/SF
Building Size
5,100 SF
Asset Type
MultiFamily
Closing
Aug 13, 2026
AI
This transaction involved a multifamily property located at 820 & 830 Northwest 70th Street in the Miami market. The sale price was $3,000,000, with a total of 20 units. The property spans 10,200 square feet, leading to a price per unit of $150,000 and a price per square foot of $294.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 820 & 830 Northwest 70th Street
- Market: Miami
- Units: 20
- Price Per Unit: $150,000
- Square Footage: 10,200
- Price Per Square Foot: $294
- Buyer: Dominic Urquiola
- Seller: Alejandro Gershanik
- Buyer's Representative: Cyril Egozi - JDM Realty
Dominic Urquiola acted as the buyer in this transaction, while Alejandro Gershanik served as the seller. Cyril Egozi from JDM Realty represented the buyer in the deal, highlighting the key players involved in completing this multifamily property transaction.
Players
Miami 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93