Jamie Rose Maniscalco & Elina Stolyar Facilitate $2.18M Sale Of Dania Beach Retail Property
SOLD
$2,175,000
Florida
See Similar DealsRetail6,970 SF
Sold 04/25/2024
SOLD
Jamie Rose Maniscalco & Elina Stolyar Facilitate $2.18M Sale Of Dania Beach Retail Property
Retail6,970 SF
Sold 04/25/2024
Summary
Asset Type:Retail
Price Per Square Foot:$312
Total Square Footage:6,970 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$115,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,727.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,310.61
Annual Debt Service$123,727.32
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