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Yidel Weiss Acquires Office Building In North Miami Beach For $19.75M

Property Image
SOLD
$19,750,000

Florida

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Office137 SF
Sold 01/06/2022
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Property Image
SOLD

Yidel Weiss Acquires Office Building In North Miami Beach For $19.75M

633 Northeast 167th Street

See Similar Deals
Office137 SF
Sold 01/06/2022
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$144,160
Total Square Footage:137 SF
Transaction Type:Sale

An office property located at 633-699 NE 167th St in North Miami Beach has been sold for $19,750,000. The transaction took place on 06/01/2022. The office building occupies a total of 137,000 square feet, resulting in a price per square foot of $144. The seller of the property was Moishe Mana, and the buyer was Yidel Weiss.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $19,750,000
  • Address: 633-699 NE 167th St, North Miami Beach
  • Market: North Miami Beach

The buyer's representative in the deal was Miri Brecher from Citadel Realty, while the seller's representative was Mariano Saal from TIR Prime Properties. Mariano Saal & Miri Brecher shared an image of the property on Instagram.

Players

4 deals$90.3M volume
BROKER


Moishe Mana
26 deals$866.6M volume
SELLER

Moishe Mana
26 deals$866.6M volume
SELLER

Moishe Mana
26 deals$866.6M volume
SELLER

Details

SOLD
IMAGE: Mariano Saal & Miri Brecher DATE: 06/01/2022 ADDRESS: 633-699 NE 167th St MARKET: North Miami Beach ASSET TYPE: Office BUYER: Yidel Weiss SELLER: Moishe Mana BUYER'S REP: Miri Brecher (@MiamiBeachSunshine) - Citadel Realty SELLER'S REP: Mariano Saal - TIR Prime Properties (@TIRPrime) SALE PRICE: $19,750,000 SF: 137,000 ~ PPSF: $144

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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