Magda Cuprys Acquires Office Building At 2100 West Flagler Street For $1.8M
2100 West Flagler Street
$1,800,000
$189/SF
Building Size
9,500 SF
Asset Type
Office
Closing
Aug 30, 2024
About this deal
AI
The asset involved in the transaction is an office property located at 2100 West Flagler Street in Miami. The sale price for the property was $1,800,000, and it encompasses a total square footage of 9,500. The price per square foot (PPSF) is calculated at $189.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $1,800,000
- Address: 2100 West Flagler Street
- Market: Miami
- Square Footage: 9,500
- Price per Square Foot: $189
- Buyer: Magda Cuprys
- Seller: Hadi Yaziji
- Buyer's Representative: Alessandro Lima, Fausto Commercial Realty Consultants
- Seller's Representative: Felipe Serrano, New Miami Realty Corp
The transaction involved key individuals, with Magda Cuprys as the buyer and Hadi Yaziji as the seller. Alessandro Lima represented the buyer through Fausto Commercial Realty Consultants, while Felipe Serrano represented the seller with New Miami Realty Corp.
On the Map
$1,800,000
$189/SF
Office
View full map
Players
Miami Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Alessandro Lima to view all their deals.
Browse Miami office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93