Roberto Suris Acquires Office Building In Pompano Beach, FL For $9.8M
SOLD
$9,800,000
Florida
See Similar DealsOffice1,358 SF
Sold 07/14/2022
SOLD
Roberto Suris Acquires Office Building In Pompano Beach, FL For $9.8M
2190 Northeast 4th Street, Pompano Beach, Florida 33062, United States
See Similar DealsOffice1,358 SF
Sold 07/14/2022
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$7,216
Total Square Footage:1,358 SF
Transaction Type:Sale
An office building located at 2190 NE 4th St in Pompano Beach, FL has been sold for $9,800,000. The building has a total area of 1,358 square feet, resulting in a per square foot price of $7,216.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $9,800,000
- Buyer: Roberto Suris
- Seller: Denis Fishman
- Address: 2190 NE 4th St, Pompano Beach, FL
- Market: Pompano Beach, FL
- Total Area: 1,358 square feet
- Price Per Square Foot: $7,216
Roberto Suris is the buyer of the property, while Denis Fishman is the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$522,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,817.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,457.00
Annual Debt Service$557,484.00
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