Dr. Claudia Perdei Acquires Office Building In Delray Beach For $2.1M
4205 West Atlantic Avenue
$2,100,000
$583/SF
Building Size
3,600 SF
Asset Type
Office
Closing
Mar 31, 2023
AI
The property involved in this transaction is an office located at 4205 West Atlantic Avenue in Delray Beach. The property has a total square footage of 3,600. The sale price for this office was $2,100,000, resulting in a price per square foot of $583.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,100,000
- Address: 4205 West Atlantic Avenue
- Market: Delray Beach
Dr. Claudia Perdei was the buyer in this transaction, while Alan Bryson was the seller. The broker representing both parties in this deal was Alan Kaye from Transworld Commercial Real Estate.
Market 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