Alex Ehrenthal Acquires Boca Raton Executive Offices From Paul Mandel For $5.75M
10055 Yamato Road
$5,750,000
$508/SF
Building Size
11,300 SF
Asset Type
Office
Closing
Dec 28, 2025
AI
The property involved in this transaction is an office asset located at 10055 Yamato Road, Boca Raton. The sale price for the property was $5,750,000, and it encompasses a total area of 11,300 square feet, resulting in a price per square foot of $508.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,750,000
- Address: 10055 Yamato Road
- Market: Boca Raton
- Square Footage: 11,300 SF
- Price Per Square Foot: $508
- Buyer: Alex Ehrenthal
- Seller: Paul Mandel
- Brokers: Elon Gerberg & Adam H. Klein - Vision Real Estate Advisors
This transaction highlights the efforts of Vision Real Estate Advisors, who facilitated the sale of the property known as the "Boca Raton Executive Offices." The transaction was completed in 30 days on an as-is basis and involved no inspections, reflecting the robustness of both the asset and the brokerage's approach in handling the sale.
Players
Boca Raton 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
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93