Leon Bensonoff Acquires Retail Property In Miami From Ashkenazy Acquisition Corp For $3.1M
16685 Northwest 2nd Avenue
$3,100,000
$1,409/SF
Building Size
2,200 SF
Asset Type
Retail
Closing
Jan 22, 2026
AI
The property asset involved in this transaction is located at 16685 Northwest 2nd Avenue in the Miami market, characterized as a retail asset. The sale price for this property was $3,100,000, with a total square footage of 2,200 and a price per square foot of $1,409.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,100,000
- Address: 16685 Northwest 2nd Avenue
- Market: Miami
- Square Footage: 2,200
- Price per Square Foot: $1,409
- Buyer: Leon Bensonoff
- Seller: Ashkenazy Acquisition Corp
- Brokers: Alejandro Snyder & Michael B Williams - Current Real Estate Advisors
This transaction highlights the involvement of Leon Bensonoff as the buyer and Ashkenazy Acquisition Corp as the seller, with Alejandro Snyder and Michael B Williams representing the involved parties through Current Real Estate Advisors. Their roles in the transaction contributed to the successful completion of the retail property 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93