Yonasan Greenwald Acquires North Miami Beach Office For $12M
17395 North Bay Road, Sunny Isles Beach, Florida 33160, United States
$12,000,000
$447/SF
Building Size
26,847 SF
Asset Type
Office
Closing
Jan 17, 2022
About this deal
AI
The office property located at 17395 N Bay Rd in North Miami Beach, FL has been sold. The transaction took place on January 18, 2022.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,000,000
- Square footage: 26,847 SF
- Price per square foot: $446
- Address: 17395 N Bay Rd, North Miami Beach, FL
- Market: North Miami Beach, FL
The buyer of the property is Yonasan Greenwald and the seller is Sarah Boymelgreen & Chaim Gidali.
The office sale at 17395 North Bay Road, Sunny Isles Beach, Florida 33160, United States in Sunny Isles Beach, Florida sold for $12M in 2022. The building is 26,847 square feet, implying about 447 per square foot on the published price. This page is the Sunny Isles Beach, Florida file for the 17395 North Bay Road, Sunny Isles Beach, Florida 33160, United States office sold: pricing, party profiles, and other closed office comps from the same Sunny Isles Beach sit in the Market section below. Filter that Sunny Isles Beach office set by closing date to see what else sold near 17395 North Bay Road, Sunny Isles Beach, Florida 33160, United States around 2022. Published consideration for 17395 North Bay Road, Sunny Isles Beach, Florida 33160, United States is $12M, dated 2022. Cite this Yonasan Greenwald Acquires North Miami Beach Office For $12M sale when underwriting similar office product around Sunny Isles Beach, Florida.
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Sunny Isles Beach Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93