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4100 Northeast 2nd Avenue, ...

SinclairGlobal Leases Office Space In Miami At 4100 NE 2 Ave With Brokers Stefano Santoro & Brandon Charnas
LEASEDOffice

SinclairGlobal Leases Office Space In Miami At 4100 NE 2 Ave With Brokers Stefano Santoro & Brandon Charnas

4100 Northeast 2nd Avenue, Miami, FL, USA

Building Size

1,500 SF

Asset Type

Office

Closing

May 2, 2021

AI

The office property located at 4100 NE 2 Ave in Miami has recently been leased. The lease transaction was finalized on 05/03/21.

Summary of transaction details

  • Property Type: Office
  • Asking Rent: $43 per square foot
  • Square Footage: 1,500
  • Address: 4100 NE 2 Ave, Miami

The tenant for this leased office space is Sinclair Global, a company based in Miami. The brokers involved in the deal were Stefano Santoro and Brandon Charnas of Current Real Estate Advisors.

Players

Brandon Charnas

Current Real Estate Advisors

Broker

$1.6M

vol

21 deals

Broker

Miami Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93