Allison Freidin Of Museum Of Graffiti Acquires Retail Asset In Miami For $875,000
SOLD
$875,000
Florida
See Similar DealsRetail3,315 SF
Sold 09/05/2025
SOLD
Allison Freidin Of Museum Of Graffiti Acquires Retail Asset In Miami For $875,000
1274 Northwest 29th Street
See Similar DealsRetail3,315 SF
Sold 09/05/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$264
Total Square Footage:3,315 SF
Transaction Type:Sale
The retail asset at 1274 Northwest 29th Street in Miami features a total space of 3,315 square feet. The property has been sold for a transaction amount of $875,000, translating to a price per square foot of $263.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $875,000
- Address: 1274 Northwest 29th Street
- Market: Miami
- Square Footage: 3,315
- Price per Square Foot: $263
- Buyer: Allison Freidin - Museum of Graffiti
- Seller: Robert Goldberg
- Brokers: Lia Figueredo & Alexandra Rosy Palomo-Pujol - Metro 1 Commercial
This transaction involved key players with Allison Freidin representing the Museum of Graffiti as the buyer, while Robert Goldberg was the seller. Lia Figueredo and Alexandra Rosy Palomo-Pujol from Metro 1 Commercial handled brokerage for this deal.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$46,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,108.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,147.95
Annual Debt Service$49,775.36
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