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380 Northwest 26th Street

Moishe Mana Purchases Retail Asset At 380 Northwest 26th Street For $24.5M With Tricap As Seller
SOLDRetail

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:

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

Tony Arellano
Verified Badge

Tony Arellano

DWNTWN Realty Advisors

Broker

$1.6B

vol

154 deals

Broker

Moishe Mana

Buyer

$915.4M

vol

29 deals

Buyer

David Edelstein

Tricap

Seller

$485.2M

vol

7 deals

Seller

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

0.65%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93