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Sale · Retail

Updated Dec 4, 2024

Jamie Rose Maniscalco & Elina Stolyar Facilitate $2.18M Sale Of Dania Beach Retail Property
SOLDRetail

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

About this deal

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

Jamie Rose Maniscalco

The Alpha Commercial

Broker

$201.5M

vol

59 deals

Broker
Bilt advertisement

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $312 per square foot on a published $2.2M for 6,970 square feet (2024).

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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

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