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1702 Harrison Street, Holly...

Noah Breakstone & Joshuan Breakstone Acquire Retail Property On Harrison St In Hollywood, FL For $3M
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Noah Breakstone & Joshuan Breakstone Acquire Retail Property On Harrison St In Hollywood, FL For $3M

1702 Harrison Street, Hollywood, Florida 33020, United States

$3,000,000

$190/SF

Building Size

15,755 SF

Asset Type

Retail

Closing

Jun 30, 2022

AI

A retail property located at 1702-1710 Harrison St in Hollywood, FL has been sold for $3,000,000. The property spans across 15,755 square feet, resulting in a price per square foot of $190.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Address: 1702-1710 Harrison St, Hollywood, FL
  • Market: Hollywood, FL
  • Square Footage: 15,755
  • Price per Square Foot: $190

The buyers of the property are Noah Breakstone and Joshuan Breakstone, while Marcelo Saiegh was the seller in this transaction.

Players

Marcelo Saiegh

MG3 Group

Broker

$635.3M

vol

9 deals

Broker
Noah Breakstone

Noah Breakstone

BTI Partners

Buyer

$151M

vol

4 deals

Buyer
Marcelo Saiegh

Marcelo Saiegh

Seller

$635.3M

vol

9 deals

Seller

Hollywood 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93