Jamie Rose Maniscalco & Elina Stolyar Facilitate $2.18M Sale Of Dania Beach Retail Property
$2,175,000
$312/SF
Building Size
6,970 SF
Asset Type
Retail
Closing
Apr 25, 2024
AI
The retail property located at 1200 South Federal Highway in Dania Beach was successfully sold for $2,175,000. Spanning 6,970 square feet, the property was acquired at a price of $312 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,175,000
- Address: 1200 South Federal Highway
- Market: Dania Beach
- Square Footage: 6,970
- Buyer: Haim Yehezkel
- Seller: Daniel Chteinberg
- Buyer's Rep: Jamie Rose Maniscalco & Elina Stolyar - The Alpha Commercial
The Alpha Commercial, represented by Jamie Rose Maniscalco and Elina Stolyar, played a pivotal role in facilitating the successful transaction between the buyer, Haim Yehezkel, and the seller, Daniel Chteinberg.
Players
Market 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
7.29%
Cash-on-Cash
-2.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93