Brian J. Tusa Acquires Miscellaneous Asset In North Miami Beach For $4.5M
16955 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States
$4,451,455
Building Size
—
Asset Type
Other
Closing
Apr 3, 2022
About this deal
AI
A property at 16955 W Dixie Hwy in North Miami Beach, FL was sold on April 4, 2022 for a price of $4,451,455. The asset type of the property is miscellaneous.
Summary of transaction details:
- Property Type: Miscellaneous
- Transaction Amount: $4,451,455
- Address: 16955 W Dixie Hwy, North Miami Beach, FL
- Buyer: Brian J. Tusa
- Seller: Alan S. Macken
Brian J. Tusa was the buyer of the property, while Alan S. Macken was the seller.
The other sale at 16955 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States in North Miami Beach, Florida sold for $4.5M in 2022. 16955 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States is classified as Other on Traded. Named participants on the 16955 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States sale are Alan S. Macken, Brian J. Tusa. This page is the North Miami Beach, Florida file for the 16955 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States other sold: pricing, party profiles, and other closed other comps from the same North Miami Beach sit in the Market section below. Filter that North Miami Beach other set by closing date to see what else sold near 16955 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States around 2022. Published consideration for 16955 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States is $4.5M, dated 2022. Cite this Brian J. Tusa Acquires Miscellaneous Asset In North Miami Beach For $4.5M sale when underwriting similar other product around North Miami Beach, Florida.
On the Map
$4,451,455
Other
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93