Anthony Berritto Acquires Fort Lauderdale Office Building For $7.95M
1000 Northwest 65th Street, Fort Lauderdale, Florida 33309, United States
$7,950,000
$197/SF
Building Size
40,270 SF
Asset Type
Office
Closing
Sep 6, 2022
About this deal
AI
An office building located at 1000 NW 65th St in Fort Lauderdale, FL has been sold for a price of $7,950,000. The property spans 40,270 square feet, resulting in a price per square foot of $197.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $7,950,000
- Address: 1000 NW 65th St, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
- Buyer: Anthony Berritto
- Seller: Carlos Guajardo & Isaac Khabie
Anthony Berritto has acquired this office building from Carlos Guajardo and Isaac Khabie.
On the Map
$7,950,000
$197/SF
Office
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Players
Fort Lauderdale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.00%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93