Leon Bensonoff Acquires Retail Property In Miami From Ashkenazy Acquisition Corp For $3.1M
SOLD
$3,100,000
Florida
See Similar DealsRetail2,200 SF
Sold 01/23/2026
SOLD
Leon Bensonoff Acquires Retail Property In Miami From Ashkenazy Acquisition Corp For $3.1M
16685 Northwest 2nd Avenue
See Similar DealsRetail2,200 SF
Sold 01/23/2026
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,409
Total Square Footage:2,200 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$165,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98
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