Marcelo Olsak Acquires Hollywood, FL Office Building For $2.965M
3595 Sheridan Street, Hollywood, Florida 33021, United States
$2,965,000
$285/SF
Building Size
10,377 SF
Asset Type
Office
Closing
Apr 5, 2022
About this deal
AI
An office building located at 3595 Sheridan St in Hollywood, FL has been sold in a recent transaction. The property spans across 10,377 square feet and was sold for a total price of $2,965,000, resulting in a price per square foot of $285.
Summary of transaction details
- Property Type: Office Building
- Sale Price: $2,965,000
- Square Footage: 10,377
- Price per Square Foot: $285
- Address: 3595 Sheridan St, Hollywood, FL
- Market: Hollywood, FL
The buyer in this transaction is Marcelo Olsak, while the seller is Stephen Greenberger. Their representatives in the deal have not been specified.
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
5.35%
Cash-on-Cash
-1.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93