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:
- Property Type: Retail
- Transaction Amount: $20,300,000
- Address: 100 Northeast 1st Avenue
- Market: Miami
- Square Footage: 35,659
- Price Per Square Foot: $569
- Buyer: Moishe Mana
- Seller: Daniel Peña
- Buyer's Representative: Mika Mattingly, Cecilia Estevez & Bradley Arendt - Colliers
- Seller's Representative: Alfredo Riascos & Mateo Romero - Gridline Properties
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
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