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16685 Northwest 2nd Avenue

Leon Bensonoff Acquires Retail Property In Miami From Ashkenazy Acquisition Corp For $3.1M
SOLDRetail

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

Alejandro Snyder

Current Real Estate Advisors

Broker

$85M

vol

16 deals

Broker
Current Real Estate Advisors
Current Real Estate AdvisorsBrokerage

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