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
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