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1274 Northwest 29th Street

Allison Freidin Of Museum Of Graffiti Acquires Retail Asset In Miami For $875,000
SOLDRetail

Allison Freidin Of Museum Of Graffiti Acquires Retail Asset In Miami For $875,000

1274 Northwest 29th Street

$875,000

$264/SF

Building Size

3,315 SF

Asset Type

Retail

Closing

Sep 4, 2025

AI

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

Lia Figueredo

Metro 1 Commercial

Broker

$2.6M

vol

2 deals

Broker
Metro 1 Commercial
Metro 1 CommercialBrokerage

Robert Goldberg

Seller

$8.5M

vol

3 deals

Seller

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

18.13%

Cash-on-Cash

-5.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93