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
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