Cherna Moskowitz Purchases Retail Space From MV Group USA For $6 Million In Miami
3631 W Flagler St
$6,000,000
Building Size
—
Asset Type
Retail
Closing
May 8, 2019
About this deal
AI
The property asset involved in the transaction is located at 3631 W Flagler St in the Miami market. It is classified as a retail asset with a transaction price of $6,000,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,000,000.00
- Buyer: Cherna Moskowitz
- Seller: MV Group USA
- Date of Sale: 05/08/2019
- Broker: Tony Arellano from DWNTWN Realty Advisors
The key individuals involved in this transaction include Cherna Moskowitz, who acted as the buyer, and MV Group USA, the seller. Tony Arellano represented the interests of the broker in this deal, completing the transaction effectively within the market.
On the Map
$6,000,000
Retail
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Players
Miami 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93