Daily limit: 0/10
Eduard Shnayder Of NetCost Market Purchases Retail Asset In Delray Beach For $16.25M
SOLD
$16,250,000
Florida
See Similar DealsRetail63,176 SF
Sold 09/25/2025
SOLD
Eduard Shnayder Of NetCost Market Purchases Retail Asset In Delray Beach For $16.25M
5850 West Atlantic Avenue
See Similar DealsRetail63,176 SF
Sold 09/25/2025
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$257
Total Square Footage:63,176 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 5850 West Atlantic Avenue in Delray Beach. The property spans 7.3 acres with a total square footage of 63,176. The sale price of the asset was $16,250,000, which translates to a price per square foot of $257.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $16,250,000
- Sale Price per Square Foot: $257
- Buyer: Eduard Shnayder - NetCost Market
- Seller: Harry Zuker - ComNet Realty
- Lender: Southstate Bank
- Market: Delray Beach
Eduard Shnayder, the owner of NetCost Market, was the buyer in this transaction, while Harry Zuker represented the seller, ComNet Realty. Additionally, the transaction was aided by a mortgage of $7.71 million provided by Southstate Bank. The deal also included the purchase of an adjacent one-acre outparcel for $800,000.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$866,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$57,732.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$77,033.29
Annual Debt Service$924,399.48
Is there something missing? Send suggestions