Stuart Marmor Acquires Retail Property In Miami For $3.52M
10441 NW 27th Ave, Miami, FL, USA
$3,520,000
$476/SF
Building Size
7,391 SF
Asset Type
Retail
Closing
Aug 3, 2021
AI
A retail property located at 10441 NW 27th Ave in Miami has been sold for a total price of $3,520,000. The transaction took place on 08/04/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,520,000
- Address: 10441 NW 27th Ave, Miami
- Buyer: Stuart Marmor
- Seller: Daniel Abreu
Stuart Marmor acted as the buyer in this transaction, while Daniel Abreu represented the seller. Both parties successfully concluded the deal, resulting in the sale of the retail property at the specified price.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.51%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93