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Magda Cuprys Acquires Office Building At 2100 West Flagler Street For $1.8M

Property Image
SOLD
$1,800,000

Florida

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Office9,500 SF
Sold 08/30/2024
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Property Image
SOLD

Magda Cuprys Acquires Office Building At 2100 West Flagler Street For $1.8M

2100 West Flagler Street

See Similar Deals
Office9,500 SF
Sold 08/30/2024
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$189
Total Square Footage:9,500 SF
Transaction Type:Sale

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.

Players

Alessandro Lima
28 deals$105M volume(305) 281-4469
BROKER

Felipe Serrano
3 deals$3.5M volume(305) 794-7107
BROKER

Details

SOLD
IMAGE: Alessandro Lima & Felipe Serrano DATE: 08/30/2024 ADDRESS: 2100 West Flagler Street MARKET: Miami ASSET TYPE: Office BUYER: Magda Cuprys SELLER: Hadi Yaziji BUYER'S REP: Alessandro Lima (@AlessandroLimarealestate), (@Moneybirddd) - Fausto Commercial Realty Consultants (@FaustoCommercial) SELLER'S REP: Felipe Serrano - New Miami Realty Corp (@NewMiamiRealty) SALE PRICE: $1,800,000 SF: 9,500 ~ PPSF: $189

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$96,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02