facebook
Traded Co logo
Submit

Eric Malinasky & Tal Levinson Acquire Religious Institution In Fort Lauderdale For $5.5M

Property Image
SOLD
$5,500,000
EM
TL

Florida

See Similar Deals
Other6,453 SF
Sold 07/26/2022
the dealplayerscompscontact
Property Image
SOLD

Eric Malinasky & Tal Levinson Acquire Religious Institution In Fort Lauderdale For $5.5M

312 Northwest 7th Street, Fort Lauderdale, Florida 33311, United States

See Similar Deals
Other6,453 SF
Sold 07/26/2022
EM
TL
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Other
Price Per Square Foot:$852
Total Square Footage:6,453 SF
Transaction Type:Sale

The religious institution located at 312 NW 7th St in Fort Lauderdale, FL has been sold for $5,500,000. The property spans 6,453 square feet, resulting in a price per square foot of $852.

Summary of transaction details

  • Property Type: Religious Institutions
  • Transaction Amount: $5,500,000
  • Address: 312 NW 7th St, Fort Lauderdale, FL
  • Market: Fort Lauderdale, FL
  • Buyer: Eric Malinasky & Tal Levinson
  • Seller: Sylverus Francois & Auligence Francois
  • Property Size: 6,453 square feet
  • Price per Square Foot: $852

The buyers of the religious institution are Eric Malinasky and Tal Levinson, while the sellers are Sylverus Francois and Auligence Francois.

Players

EM
Eric Malinasky
8 deals$18.4M volume
BUYER
TL
Tal Levinson
8 deals$18.4M volume
BUYER

Details

SOLD
IMAGE: 07/26/2022 ADDRESS: 312 NW 7th St MARKET: Fort Lauderdale, FL ASSET TYPE: Religious Institutions BUYER: Eric Malinasky & Tal Levinson SELLER: Sylverus Francois & Auligence Francois PRICE: $5,500,000 SF: 6,453 ~ PPSF: $852

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$293,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67