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Alejandro Gershanik Buys Multifamily Asset In Riviera Beach From Gabriel Garcia For $2.52M

Property Image
SOLD
$2,520,000
Dan Dratch
Ryan Wold
+ 3

Florida

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MultiFamily9,584 SF
Sold 04/09/2025
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Property Image
SOLD

Alejandro Gershanik Buys Multifamily Asset In Riviera Beach From Gabriel Garcia For $2.52M

3039 Avenue J

See Similar Deals
MultiFamily9,584 SF
Sold 04/09/2025
Dan Dratch
Ryan Wold
+ 3
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$262
Total Square Footage:9,584 SF
Transaction Type:Sale

The multifamily asset located at 3039 Avenue J in the Riviera Beach market features 14 units with a total square footage of 9,584. The property was sold for a transaction amount of $2,520,000, resulting in a price per unit of $180,000 and a price per square foot of $262.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,520,000
  • Address: 3039 Avenue J
  • Market: Riviera Beach
  • Units: 14
  • Square Footage: 9,584
  • Price Per Unit: $180,000
  • Price Per Square Foot: $262
  • Buyer: Alejandro Gershanik & Maximiliano Pavlovsky
  • Seller: Gabriel Garcia
  • Brokers: Ethan Krauss, Dan Dratch, Ryan Wold, Alejandro Gershanik

The transaction involved notable individuals including buyers Alejandro Gershanik and Maximiliano Pavlovsky, who acquired the property from seller Gabriel Garcia. The deal was brokered by Ethan Krauss, Dan Dratch, Ryan Wold, and Alejandro Gershanik, emphasizing the collaborative effort in facilitating the sale.

Players

Dan Dratch
48 deals$267.8M volume
BROKER

Ryan Wold
Franklin Street
40 deals$210.5M volume(954) 312-1678
BROKER

Ethan Krauss
Marcus & Millichap
21 deals$69.6M volume(954) 245-3503
BROKER

Dakota Brown
Franklin Street
5 deals$32.4M volume(813) 839-7300
BROKER

Alejandro Gershanik
34 deals$94.9M volume
BUYER

Gabriel Garcia
3 deals$5.5M volume
SELLER

Details

SOLD
IMAGE: Dan Dratch, Alejandro Gershanik, Ethan Krauss, Maximiliano Pavlovsky, & Ryan Wold DATE: 04/09/2025 ADDRESS: 3039 Avenue J MARKET: Riviera Beach ASSET TYPE: Multifamily BUYER: Alejandro Gershanik & Maximiliano Pavlovsky SELLER: Gabriel Garcia BROKERS: Ethan Krauss (@EthanKrauss), Dan Dratch (@Big_Smoothie_), Ryan Wold (@DJSunsett), Alejandro Gershanik (@alegershanik) SALE PRICE: $2,520,000 UNITS: 14 ~ PPU: $180,000 SF: 9,584 ~ PPSF: $262

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Debt Service Coverage Ratio (DSCR)

0.94x

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