Aaron Mizrahi Purchases Retail Property From Ric Abuawad In Doral For $3.34M
SOLD
$3,342,220
Florida
See Similar DealsRetail4,984 SF
Sold 02/14/2025
SOLD
Aaron Mizrahi Purchases Retail Property From Ric Abuawad In Doral For $3.34M
1790 Northwest 107th Avenue
See Similar DealsRetail4,984 SF
Sold 02/14/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$670
Total Square Footage:4,984 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 1790 Northwest 107th Avenue, Doral, consisting of 4,984 square feet of retail space. The sale price for this asset was $3,342,220, equating to a price per square foot of $670.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,342,220
- Square Footage: 4,984
- Price Per Square Foot: $670
- Buyer: Aaron Mizrahi
- Seller: Ric Abuawad
- Brokers: Gabriel Britti, Ronnie Issenberg & Ricardo Esteves - Marcus & Millichap
- Transaction Date: 02/14/2025
This transaction included key representatives from Marcus & Millichap, specifically Gabriel Britti, Ronnie Issenberg, and Ricardo Esteves, who facilitated the sale. Their expertise contributed to the successful closing of the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$178,251.72
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,874.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,843.83
Annual Debt Service$190,125.94
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