Shimaya Waks, Stephen Fiske & Andrew Fiske Purchase Other Office Property In Fort Lauderdale For $2.2M
3391 Griffin Road, Fort Lauderdale, Florida 33312, United States
$2,200,000
$276/SF
Building Size
7,953 SF
Asset Type
Office
Closing
Mar 29, 2022
About this deal
AI
The other office property located at 3391 Griffin Rd in Fort Lauderdale, FL has been sold for a price of $2,200,000. The property spans across 7,953 square feet, resulting in a price per square foot of $276.
Summary of Transaction Details
- Property Type: Other Office
- Transaction Amount: $2,200,000
- Address: 3391 Griffin Rd, Fort Lauderdale, FL
- Square Footage: 7,953
- Price per Square Foot: $276
The buyers involved in this transaction are Shimaya Waks, Stephen Fiske, and Andrew Fiske. On the selling side, Gail Starr, Ai Rosenberg, and Glenn Fonteciella represented the seller.
Players
Fort Lauderdale 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93