facebook
Traded Co logo
Submit

Chaim Bazon Acquires Multifamily Asset From Matt Press And Stephen Vegh For $6.4M

Property Image
SOLD
$6,400,000
David Cohen
Steven Vegh
Matt Press
+ 1

Florida

See Similar Deals
MultiFamily15,612 SF
Sold 02/17/2026
the dealplayerscompscontact
Property Image
SOLD

Chaim Bazon Acquires Multifamily Asset From Matt Press And Stephen Vegh For $6.4M

10000 East Bay Harbor Drive

See Similar Deals
MultiFamily15,612 SF
Sold 02/17/2026
David Cohen
Steven Vegh
Matt Press
+ 1
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$409
Total Square Footage:15,612 SF
Transaction Type:Sale

The transaction involves a multifamily property located at 10000 East Bay Harbor Drive in the Bay Harbor Islands market. The sale price for this asset was $6,400,000, comprising 18 units. The property encompasses a total square footage of 15,612, resulting in a price per unit of $355,555 and a price per square foot of $409.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,400,000
  • Units: 18
  • Square Footage: 15,612
  • Price Per Unit: $355,555
  • Price Per Square Foot: $409
  • Buyer: Chaim Bazon
  • Seller: Matt Press - Equishares; Stephen Vegh - Westwood Realty Associates
  • Buyer’s Representative: Howard Wolfson - Mack Ventures
  • Seller’s Representative: David Cohen - Horvath & Tremblay

The sale was marked by collaboration among all parties, with a focus on a short-term rental deal in a desirable location known for strong tourism growth. The demand for such assets continues to be robust, with investors looking for opportunities with potential for future development.

Players

David Cohen
Horvath & Tremblay
David Cohen
10 deals$67.3M volume(954) 661-4908
BROKER
Howard Wolfson
Howard Wolfson
1 deal$6.4M volume(646) 256-8109
BROKER
Steven Vegh
Westwood Realty Associates
Steven Vegh
68 deals$2.5B volume
SELLER
Matt Press
Equishares
Matt Press
3 deals$247.8M volume
SELLER

Details

SOLD
IMAGE: David Cohen, Matt Press, Howard Wolfson & Stephen Vegh DATE: 02/17/2026 ADDRESS: 10000 East Bay Harbor Drive MARKET: Bay Harbor Islands ASSET TYPE: Multifamily BUYER: Chaim Bazon SELLER: Matt Press - Equishares; Stephen Vegh - Westwood Realty Associates BUYER'S REP: Howard Wolfson - Mack Ventures (@MackVentures_OwnersRep) SELLER'S REP: David Cohen (@DCmia999) - Horvath & Tremblay SALE PRICE: $6,400,000 UNITS: 18 ~ PPU: $355,555 SF: 15,612 ~ PPSF: $409 NOTE FROM SELLER'S REP: Short-Term Rental deal closed in the heart of Bay Harbor. Assets like this continue to see strong demand across South Florida as tourism growth accelerates and investors seek well-located STR opportunities with future development upside. Great collaboration from all parties involved to bring this one across the finish line.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$341,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18