Moishe Mana Of Mana Common Acquires Parking Lot In Miami For $16.95M
51 & 49 Northeast 22nd Street & 76-50 Northeast 23rd Street
$16,950,000
Building Size
—
Asset Type
Parking Lot
Closing
Aug 20, 2026
AI
A 1.38-acre parking lot located at 51, 49 Northeast 22nd Street & 76-50 Northeast 23rd Street in Miami, FL was sold for $16,950,000. This property is situated in Miami’s Wynwood area, expanding Moishe Mana's real estate holdings to nearly 1.9 acres adjacent to an Amazon-leased warehouse. The lot is zoned for up to eight-story mixed-use development.
Summary of transaction details:
- Property Type: Parking Lot
- Transaction Amount: $16,950,000
- Buyer: Moishe Mana - Mana Common
- Seller: Peter Kolb - 22 Co.
- Acres: 1.38
- Market: Miami, FL
Moishe Mana, through Mana Common, is now positioned to potentially develop a logistics facility for Amazon on this recently acquired site. The acquisition enhances his strategic real estate investments in proximity to essential logistics operations.
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Miami Parking Lot Market Snapshot
Boundary boundary · Parking Lot · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93