Brian J. Tusa Acquires Store From Alan S. Macken In North Miami Beach, FL For $2.1M
17035 Northeast 22nd Avenue, North Miami Beach, Florida 33180, United States
$2,129,512
$307/SF
Building Size
6,937 SF
Asset Type
Retail
Closing
Apr 3, 2022
AI
A store located at 17035 W Dixie Hwy in North Miami Beach, FL has been sold in a transaction that closed on April 4, 2022. The property, spanning 6,937 square feet, was sold for a total price of $2,129,512, resulting in a price per square foot of $307.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $2,129,512
- Address: 17035 W Dixie Hwy, North Miami Beach, FL
- Market: North Miami Beach, FL
- Size: 6,937 square feet
- Buyer: Brian J. Tusa
- Seller: Alan S. Macken
Brian J. Tusa acted as the buyer in this transaction, while Alan S. Macken served as the seller.
Players
North Miami Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.45%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93