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2030 Northeast 2nd Street, ...

Meir Levy & Shaul Levy Acquire Store In Deerfield Beach, FL For $2.2M
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Meir Levy & Shaul Levy Acquire Store In Deerfield Beach, FL For $2.2M

2030 Northeast 2nd Street, Deerfield Beach, Florida 33441, United States

$2,200,000

$557/SF

Building Size

3,944 SF

Asset Type

Retail

Closing

Jul 10, 2022

AI

The property asset involved in this transaction is a store located at 2030-2032 E 2nd St, Deerfield Beach, FL. The property spans 3,944 square feet and was sold for a total price of $2,200,000, resulting in a price per square foot of $557.

Summary of transaction details

  • Property Type: Store
  • Transaction Amount: $2,200,000
  • Square Footage: 3,944
  • Address: 2030-2032 E 2nd St, Deerfield Beach, FL
  • Market: Deerfield Beach, FL

The buyers in this transaction were Meir Levy and Shaul Levy. They purchased the property from Anat Sadok and Yuval Sadok.

Players

Deerfield Beach 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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93