Abu S Chowdhury Acquires Retail Property In Fort Lauderdale For $3.04M
2609 West Oakland Park Boulevard, Fort Lauderdale, Florida 33311, United States
$3,040,000
$254/SF
Building Size
11,957 SF
Asset Type
Retail
Closing
Nov 3, 2022
About this deal
AI
A retail property located at 2609-2659 W Oakland Park Blvd in Fort Lauderdale, FL has been sold for a total price of $3,040,000. The property spans an area of 11,957 square feet, resulting in a price per square foot of $254.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,040,000
- Square Footage: 11,957
- Price per Square Foot: $254
- Address: 2609-2659 W Oakland Park Blvd, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is Abu S Chowdhury, while the seller is Jason M Chauncey.
Players
Oakland Park 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
5.22%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93