SOLDOffice
Henry Ma Acquires Hollywood Office Building For $4M
210 Federal Highway
$4,000,000
$170/SF
Building Size
23,411 SF
Asset Type
Office
Closing
Dec 1, 2023
About this deal
AI
The office property located at 210 Federal Highway in Hollywood has been sold in a recent transaction. The property spans a total of 23,411 square feet and was sold for a price of $4,000,000, resulting in a price per square foot of $171.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: $4,000,000
- Address: 210 Federal Highway
- Market: Hollywood
- Buyer: Henry Ma
- Seller: Vladimir Grnja
- Brokers: Justin Walker & Kaylan Knitowski - Sands Investment Group
The buyer in this transaction is Henry Ma, while Vladimir Grnja is the seller. The deal was facilitated by brokers Justin Walker and Kaylan Knitowski from Sands Investment Group.
On the Map
$4,000,000
$170/SF
Office
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Players
Hollywood 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93