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100 Northeast 1st Avenue

Moishe Mana Purchases Retail Asset In Miami For $20.3 Million With Colliers As Buyer's Rep
SOLDRetail

Moishe Mana Purchases Retail Asset In Miami For $20.3 Million With Colliers As Buyer's Rep

100 Northeast 1st Avenue

$20,300,000

$569/SF

Building Size

35,659 SF

Asset Type

Retail

Closing

Jul 28, 2026

AI

The retail property located at 100 Northeast 1st Avenue in Miami has been involved in a transaction, selling for $20,300,000. The asset encompasses a total area of 35,659 square feet, calculated at approximately $569 per square foot.

Summary of transaction details:

The transaction was facilitated by representatives from Colliers and Gridline Properties, with Mika Mattingly, Cecilia Estevez, and Bradley Arendt representing the buyer, Moishe Mana, while Alfredo Riascos and Mateo Romero represented the seller, Daniel Peña.

Players

Alfredo Riascos

Gridline Properties

Broker

$341.4M

vol

52 deals

Broker
Moishe Mana

Moishe Mana

Buyer

$948.4M

vol

31 deals

Buyer

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.78%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93