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35 Northeast 17th Terrace, mia

Jeffrey L. Kluger & Gary A. Kluger Acquire Other Vacant Property In Miami, FL For $2.75M
SOLDOther

Jeffrey L. Kluger & Gary A. Kluger Acquire Other Vacant Property In Miami, FL For $2.75M

35 Northeast 17th Terrace, mia

$2,752,500

Building Size

Asset Type

Other

Closing

Jan 20, 2022

AI

The property involved in this transaction is located at 35 NE 17th Ter, Miami, FL. It is an Other type of property that was sold on January 20, 2022. The property was vacant at the time of the transaction. The sale price for the property was $2,752,500.

Summary of transation details

  • Property Type: Other
  • Transaction Amount: $2,752,500
  • Market: Miami, FL

Jeffrey L. Kluger and Gary A. Kluger were the buyers in this transaction, while Steven Goodman and Joyce Goodman were the sellers. The buyers' representatives were not mentioned in the provided information. No additional details about the deal's key individuals or companies were provided.

Players

Gary A. Kluger

Buyer

$5.5M

vol

2 deals

Buyer

Steven Goodman

Seller

$27.5M

vol

3 deals

Seller

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

5.76%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93