Yaniv Sananes Acquires Retail Property At Luma Plaza Fort Lauderdale For $4.1M With Brokers Grant Steinberg & Rob Goldberg
SOLD
$4,100,000
Florida
See Similar DealsRetail7,200 SF
Sold 08/29/2025
SOLD
Yaniv Sananes Acquires Retail Property At Luma Plaza Fort Lauderdale For $4.1M With Brokers Grant Steinberg & Rob Goldberg
1747 North Federal Highway
See Similar DealsRetail7,200 SF
Sold 08/29/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$569
Total Square Footage:7,200 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 1747 North Federal Highway - Luma Plaza, situated in the Fort Lauderdale market. The sale was finalized for a total price of $4,100,000, encompassing a total square footage of 7,200, leading to a price per square foot of $569.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,100,000
- Address: 1747 North Federal Highway - Luma Plaza
- Market: Fort Lauderdale
- Square Footage: 7,200
- Price per Square Foot: $569
- Buyer: Yaniv Sananes
- Seller: Vivian Tuchman
- Brokers: Grant Steinberg & Rob Goldberg - Matthews Real Estate Investment Services
This transaction highlights the involvement of key individuals, particularly Yaniv Sananes as the buyer and Vivian Tuchman as the seller. Grant Steinberg and Rob Goldberg represented the interests of Matthews Real Estate Investment Services in this deal, facilitating the transaction process between the two parties.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
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