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Chaim Cahane Of Forte Capital Management And Daniel Abrahams Of DLA Real Estate Buy Office In Orange Park For $6.35M

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SOLD
$6,350,000

Florida

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Office54,865 SF
Sold 12/04/2025
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SOLD

Chaim Cahane Of Forte Capital Management And Daniel Abrahams Of DLA Real Estate Buy Office In Orange Park For $6.35M

1540 Kingsley Avenue

See Similar Deals
Office54,865 SF
Sold 12/04/2025
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$115
Total Square Footage:54,865 SF
Transaction Type:Sale

The property asset involved in this transaction is an office located at 1540 Kingsley Avenue in the Orange Park market. The sale price for this asset was $6,350,000, and it comprises a total area of 54,865 square feet, resulting in a price per square foot of $115.73.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $6,350,000
  • Address: 1540 Kingsley Avenue
  • Market: Orange Park
  • Square Footage: 54,865
  • Price per Square Foot: $115.73
  • Buyer: Chaim Cahane - Forte Capital Management
  • Buyer: Daniel Abrahams - DLA Real Estate
  • Seller: Joseph Kohla
  • Brokers: Adam Steinlauf - Katalyst Real Estate & Development
  • Brokers: Michael Lewin - Katalyst Real Estate & Development

Key individuals involved in this deal include the buyers, Chaim Cahane representing Forte Capital Management and Daniel Abrahams representing DLA Real Estate, along with the seller, Joseph Kohla. The transaction was facilitated by brokers Adam Steinlauf and Michael Lewin, both associated with Katalyst Real Estate & Development.

Players

Michael Lewin
24 deals$326.3M volume
BROKER

Adam Steinlauf
Katalyst Real Estate & Development
12 deals$138.8M volume(954) 830-1389
BROKER

Katalyst Real Estate & Development
BROKERAGE

Details

SOLD
IMAGE: Michael Lewin, Adam Steinlauf, Chaim Cahane & Daniel Abrahams DATE: 12/05/2025 ADDRESS: 1540 Kingsley Avenue MARKET: Orange Park ASSET TYPE: Office BUYER: Chaim Cahane - Forte Capital Management (@ForteCapital) & Daniel Abrahams - DLA Real Estate SELLER: Joseph Kohla BROKERS: Adam Steinlauf (@AdamSteinlauf) & Michael Lewin (@Mikey_Lew) - Katalyst Real Estate & Development (@KatalystRealEstate) SALE PRICE: $6,350,000 SF: 54,865 ~ PPSF: $115.73

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,560.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,102.24
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