Jerry Rozenberg Acquires Hollywood Office Building For $9.2M
6565 Taft Street, Hollywood, Florida 33024, United States
$9,200,000
$177/SF
Building Size
51,795 SF
Asset Type
Office
Closing
Jul 10, 2022
About this deal
AI
An office building located at 6565 Taft St in Hollywood, FL has been sold. The property consists of 51,795 square feet and was sold for a price of $9,200,000, which translates to a price per square foot of $177.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: $9,200,000
- Address: 6565 Taft St, Hollywood, FL
- Market: Hollywood, FL
- Buyer: Jerry Rozenberg
- Seller: Dimitrios Tsakonas
- Square Footage: 51,795
- Price per Square Foot: $177
Jerry Rozenberg was the buyer in this transaction, while Dimitrios Tsakonas acted as the seller. Both parties successfully closed the deal.
On the Map
$9,200,000
$177/SF
Office
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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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93