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Paul Mandel Of Nexgen Legacy Group Sells Boca Raton Office For $5.75M With Advisors

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SOLD
$5,750,000

Florida

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Office11,200 SF
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SOLD

Paul Mandel Of Nexgen Legacy Group Sells Boca Raton Office For $5.75M With Advisors

10055 Yamato Road

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Office11,200 SF
Sold
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$513
Total Square Footage:11200 SF
Transaction Type:Sale

The property asset involved in this transaction is an office located at 10055 Yamato Road in Boca Raton. The sale was executed for a transaction amount of $5,750,000, and the asset encompasses a total square footage of 11,200, resulting in a price per square foot of $513.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $5,750,000
  • Address: 10055 Yamato Road
  • Market: Boca Raton
  • Seller: Paul Mandel - Nexgen Legacy Group
  • Buyer's Representative: Allyson Sullivan - Lang Realty
  • Seller's Representatives: Elon Gerberg & Adam Klein - Vision Real Estate Advisors
  • Square Footage: 11,200
  • Price Per Square Foot: $513

The transaction included key individuals such as Paul Mandel representing Nexgen Legacy Group as the seller, alongside Allyson Sullivan acting on behalf of the buyer from Lang Realty. The seller's associates driving the deal were Elon Gerberg and Adam Klein from Vision Real Estate Advisors.

Players

Adam H. Klein
37 deals$126.4M volume(516) 445-3070
BROKER

Elon Gerberg
38 deals$140.8M volume(954) 299-9556
BROKER

Allyson Sullivan
Lang Realty
1 deal$5.8M volume(561) 573-8883
BROKER

Lang Realty
BROKERAGE

Details

SOLD
IMAGE: Adam Klein, Allyson Sullivan & Elon Gerberg DATE: 12/29/2025 ADDRESS: 10055 Yamato Road MARKET: Boca Raton ASSET TYPE: Office SELLER: Paul Mandel - Nexgen Legacy Group BUYER'S REP: Allyson Sullivan (@AllysonSullivanrealtor) - Lang Realty (@LangRealty) SELLER'S REP: Elon Gerberg (@ElonGerberg) & Adam Klein - Vision Real Estate Advisors SALE PRICE: $5,750,000 SF: 11,200 ~ PPSF: $513

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$306,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20