Daniel Deitchman Acquires Office Building In Pompano Beach,FL For $2.9M
470 South Andrews Avenue, Pompano Beach, Florida 33069, United States
$2,900,000
$285/SF
Building Size
10,154 SF
Asset Type
Office
Closing
Oct 3, 2022
About this deal
AI
An office building located at 470-480 S Andrews Ave in Pompano Beach, FL has been sold for $2,900,000. The property spans a total of 10,154 square feet, resulting in a price per square foot of $285.
Summary of transation details
- Property Type: Office Building
- Transaction Amount: $2,900,000
- Square Footage: 10,154
- Price per Square Foot: $285
- Address: 470-480 S Andrews Ave, Pompano Beach, FL
The buyer of the office building is Daniel Deitchman, while Johanna C Yen is the seller. Both parties were represented by their respective brokers in the transaction.
Players
Pompano Beach 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93