Moishe Mana Purchases Retail Asset At 380 Northwest 26th Street For $24.5M With Tricap As Seller
380 Northwest 26th Street
$24,500,000
$1,884/SF
Building Size
13,000 SF
Asset Type
Retail
Closing
Jul 9, 2026
AI
The property asset involved in the transaction is a retail space located at 380 Northwest 26th Street in the Miami market. The sale price was recorded at $24,500,000 for a total square footage of 13,000, resulting in a price per square foot of $1,884.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $24,500,000
- Address: 380 Northwest 26th Street
- Market: Miami
- Square Footage: 13,000
- Price per Square Foot: $1,884
- Buyer: Moishe Mana
- Seller: David Edelstein - Tricap
- Brokers: Tony Arellano & Devlin Marinoff - DWNTWN Realty Advisors
The deal includes participation from Moishe Mana as the buyer and David Edelstein, representing Tricap as the seller. The transaction was facilitated by brokers Tony Arellano and Devlin Marinoff from DWNTWN Realty Advisors, who played a pivotal role in bringing the sale to fruition.
Players
Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93