Alejandro Gershanik Acquires Multifamily Asset In Pompano Beach From Andrew Rosenberg For $1.015M
SOLD
$1,015,000
Florida
See Similar DealsMultiFamily3,302 SF
Sold 07/26/2024
SOLD
Alejandro Gershanik Acquires Multifamily Asset In Pompano Beach From Andrew Rosenberg For $1.015M
840 Nw 5th Ave
See Similar DealsMultiFamily3,302 SF
Sold 07/26/2024
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$307
Total Square Footage:3,302 SF
Lot Square Footage:10201 SF
Transaction Type:Sale
The transaction involves a MultiFamily property located at 840 Nw 5th Ave in the Pompano Beach market. The property was sold for $1,015,000.00 and encompasses a total of 3,302 square feet.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $1,015,000.00
- Address: 840 Nw 5th Ave
- Market: Pompano Beach
- Square Footage: 3,302.0
- Buyer: Alejandro Gershanik
- Seller: Andrew Rosenberg
- Broker: Austin Michels - Marcus & Millichap
Alejandro Gershanik acted as the buyer in this transaction, while Andrew Rosenberg served as the seller. The deal was facilitated by broker Austin Michels, who represents Marcus & Millichap in this transaction.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$54,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,606.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,811.62
Annual Debt Service$57,739.41
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