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16001 Southwest 95th Avenue

Sam Herzbrg Acquires Retail Asset In Miami From Geoffrey Karas For $6.4 Million
SOLDRetail

Sam Herzbrg Acquires Retail Asset In Miami From Geoffrey Karas For $6.4 Million

16001 Southwest 95th Avenue

$6,400,000

$1,308/SF

Building Size

4,890 SF

Asset Type

Retail

Closing

Nov 3, 2025

AI

The retail property located at 16001 Southwest 95th Avenue in Miami has been sold for $6,400,000. It spans 4,890 square feet, which translates to a price per square foot of $1,308.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,400,000
  • Address: 16001 Southwest 95th Avenue
  • Market: Miami
  • Square Footage: 4,890
  • Price per Square Foot: $1,308
  • Buyer: Sam Herzbrg
  • Seller: Geoffrey Karas
  • Brokers: Ronnie Issenberg, Gabriel Britti & Ricardo Esteves - Marcus & Millichap

Sam Herzbrg acts as the buyer in this transaction while Geoffrey Karas is the seller. The deal was facilitated by the brokerage firm Marcus & Millichap, represented by Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves.

Players

Gabriel Britti

Marcus & Millichap

Broker

$502.2M

vol

70 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Geoffrey Karas

Seller

$79.1M

vol

5 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

2.48%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93