Gabriel Sultan And Daniel Benarroch Of Alto Capital Acquire Miami Office For $6 Million
152 Northeast 167th Street
$6,000,000
$245/SF
Building Size
24,463 SF
Asset Type
Office
Closing
Sep 22, 2026
About this deal
AI
The property involved in this transaction is an office asset located at 152 Northeast 167th Street in Miami. The sale was completed for a total price of $6,000,000, encompassing a total square footage of 24,463, which results in a price per square foot of $245.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,000,000
- Address: 152 Northeast 167th Street
- Market: Miami
- Square Footage: 24,463
- Price Per Square Foot: $245
- Buyer: Gabriel Sultan & Daniel Benarroch - Alto Capital
- Seller: David Aelion - Elite Holdings Group II NC
- Buyer's Representative: Yonatan Missika - SGE Partners
This deal involved Gabriel Sultan and Daniel Benarroch representing Alto Capital as the buyers, while David Aelion represented the seller, Elite Holdings Group II NC. The buyer's representative for this transaction was Yonatan Missika from SGE Partners, facilitating the negotiation and completion of the sale.
On the Map
$6,000,000
$245/SF
Office
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Players
Miami 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93