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167 Northwest 23rd Street

Philippe Kalifa And Partners Acquire Retail Property In Miami For $4.7M From Igor Niznik
SOLDRetail

Philippe Kalifa And Partners Acquire Retail Property In Miami For $4.7M From Igor Niznik

167 Northwest 23rd Street

$4,700,000

$903/SF

Building Size

5,200 SF

Asset Type

Retail

Closing

Jun 26, 2026

AI

The property asset involved in the transaction is a retail space located at 167 Northwest 23rd Street in the Miami market. It was sold for a price of $4,700,000. The space measures 5,200 square feet, resulting in a price per square foot of $903.

Summary of transaction details:

Philippe Kalifa, Catalina Monsalve, Nicolas Hoyos, Beto Pérez, and Jaqueline Zingales acted as the buyers in this transaction, representing a collaborative effort to acquire the property. Igor Niznik was the seller, facilitating the sale of the retail space to the group of buyers.

Players

Philippe Kalifa

Buyer

$4.7M

vol

1 deal

Buyer

Igor Niznik

Seller

$8.3M

vol

2 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

3.38%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93