A&D Group Realty Sells Retail Property In North Miami Beach For $4.1M
335 Northeast 167th Street, Miami, FL 33162
$4,075,000
$247/SF
Building Size
16,458 SF
Asset Type
Retail
Closing
Jul 9, 2020
About this deal
AI
The retail property located at 335 NE 167th Street in North Miami Beach has been sold for $4,075,000. The property spans across 16,458 square feet, resulting in a price per square foot of $248. The transaction took place on July 9, 2021. The seller, Americo D'Agostini & Domenico Albano, represented by A&D Group Realty, successfully closed the deal.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,075,000
- Address: 335 NE 167th Street, North Miami Beach
- Market: North Miami Beach
- Square Footage: 16,458
- Price per Square Foot: $248
Gil Grafi from United Realty Group served as the broker for this property transaction. Gil Grafi worked on behalf of the seller, Americo D'Agostini & Domenico Albano, to successfully negotiate and close the deal.
On the Map
$4,075,000
$247/SF
Retail
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Players
North Miami 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
3.89%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93