Eric Malinasky & Tal Levinson Acquire Religious Institution In Fort Lauderdale For $5.5M
312 Northwest 7th Street, Fort Lauderdale, Florida 33311, United States
$5,500,000
$852/SF
Building Size
6,453 SF
Asset Type
Other
Closing
Jul 25, 2022
About this deal
AI
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.
Fort Lauderdale 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93