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
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