Jeff Sorkin Acquires Retail Asset In Miami From Jacqueline Cabrera For $3,825,000
SOLD
$3,825,000
Florida
See Similar DealsRetail3,794 SF
Sold 06/05/2026
SOLD
Jeff Sorkin Acquires Retail Asset In Miami From Jacqueline Cabrera For $3,825,000
18750 Northwest 2nd Avenue
See Similar DealsRetail3,794 SF
Sold 06/05/2026
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,008
Total Square Footage:3,794 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 18750 Northwest 2nd Avenue in the Miami market. The sale price for this asset was $3,825,000, with a size of 3,794 square feet, resulting in a price per square foot of $1,008.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,825,000
- Address: 18750 Northwest 2nd Avenue
- Market: Miami
- Square Footage: 3,794
- Price per Square Foot: $1,008
- Buyer: Jeff Sorkin
- Seller: Jacqueline Cabrera
- Seller's Representative: Jonathan De La Rosa & Scott Sandelin - Marcus & Millichap
The transaction included Jeff Sorkin as the buyer and Jacqueline Cabrera as the seller, with Jonathan De La Rosa and Scott Sandelin representing the seller through Marcus & Millichap. The deal showcases the involvement of these key individuals and their roles in this retail property sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$204,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,589.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,132.45
Annual Debt Service$217,589.42
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