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20900 Northeast 30th Avenue...

Leon & Mike Peisach Acquire Aventura Office Building For $2.1M
SOLDOffice

Leon & Mike Peisach Acquire Aventura Office Building For $2.1M

20900 Northeast 30th Avenue, Aventura, Florida 33180, United States

$2,100,000

$487/SF

Building Size

4,312 SF

Asset Type

Office

Closing

Dec 1, 2021

AI

Located at 20900 NE 30th Ave in Aventura, this office property was recently sold in a transaction. The sale took place on 12/01/2021.

Summary of transaction details

  • Property Type: Office
  • Sale Price: $2,100,000
  • Square Footage: 4,312
  • Price Per Square Foot: $487
  • Buyer: Leon Peisach & Mike Peisach - Category Five Ventures
  • Seller: Roxan Properties - Marian Moscu
  • Broker: Marcelo Borodowski - Innovation Development Group

The buyer of this property, Leon Peisach & Mike Peisach from Category Five Ventures, acquired it from the seller Roxan Properties represented by Marian Moscu. The transaction was facilitated by Marcelo Borodowski from Innovation Development Group.

Players

Marcelo Borodowski

Broker

$2.1M

vol

1 deal

Broker
Leon Peisach

Leon Peisach

Buyer

$209.5M

vol

10 deals

Buyer

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

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93