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15390 Northeast 6th Avenue

Leticia Cirera Purchases Multifamily Property At 15390 Northeast 6th Avenue For $11.5M, Seller Sergio Barake
SOLDMultiFamily

Leticia Cirera Purchases Multifamily Property At 15390 Northeast 6th Avenue For $11.5M, Seller Sergio Barake

15390 Northeast 6th Avenue

$11,500,000

$202/SF

Building Size

56,841 SF

Asset Type

MultiFamily

Closing

Jul 8, 2026

AI

The property asset involved in this transaction is a multifamily building located at 15390 Northeast 6th Avenue in Miami. This asset sold for $11,500,000 and comprises 60 units. The total square footage of the property is 56,841, resulting in a price per unit of $191,666 and a price per square foot of $202.

Summary of transaction details:

This transaction was facilitated by brokers Austin M. Michels, Felipe Echarte, and Evan Kristol from Marcus & Millichap, representing both the buyer and the seller in this successful deal.

Players

Evan Kristol

Marcus & Millichap

Broker

$451.4M

vol

65 deals

Broker
Austin M. Michels
Verified Badge

Austin M. Michels

Marcus & Millichap

Broker

$176.8M

vol

37 deals

Broker

Leticia Cirera

Buyer

$11.5M

vol

1 deal

Buyer

Sergio Barake

Seller

$11.5M

vol

1 deal

Seller

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93