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
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