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Cherna Moskowitz Purchases Retail Space From MV Group USA For $6 Million In Miami

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SOLD
$6,000,000

Florida

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Retail
Sold 05/08/2019
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SOLD

Cherna Moskowitz Purchases Retail Space From MV Group USA For $6 Million In Miami

3631 W Flagler St

See Similar Deals
Retail
Sold 05/08/2019
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Summary

FLORIDA
Asset Type:Retail
Transaction Type:Sale

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.

Players

Tony Arellano
152 deals$1.6B volume
BROKER

SELLER

Details

SOLD
IMAGE: 05/08/2019 ADDRESS: 3631 W Flagler St MARKET: Miami ASSET TYPE: Retail BROKERS: Tony Arellano(DWNTWN Realty Advisors) BUYER: Cherna Moskowitz SELLER: MV Group USA PRICE: $6,000,000.00

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$319,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73