SOLDOther
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
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.
Players
North Miami Beach Other Market Snapshot
Boundary boundary · Other · Sale transactions
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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