Randy Greenberg Acquires Hollywood Blvd Retail Property For $2.24M
6015 Hollywood Blvd, Hollywood, FL, USA
$2,240,000
$271/SF
Building Size
8,251 SF
Asset Type
Retail
Closing
Oct 8, 2020
About this deal
AI
A retail property located at 6015 & 6023 Hollywood Blvd in Hollywood was recently sold for a price of $2,240,000. The property spans a total area of 8,251 square feet, resulting in a price per square foot of $271. The transaction took place on October 9, 2020, and involved the buyer Randy Greenberg and the seller Valery Sigal. The deal was facilitated by Alejandro Snyder and Michael B. Williams from Tiktin Real Estate.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $2,240,000
- Square Footage: 8,251
- Address: 6015 & 6023 Hollywood Blvd
- Market: Hollywood
Alejandro Snyder and Michael B. Williams, representatives of Tiktin Real Estate, played a crucial role in finalizing the transaction. For more information regarding the property, interested parties can directly contact Alejandro Snyder at [email protected] or (305) 783-8890, or reach out to Michael B. Williams at [email protected] or (516) 428-6050.
Players
Hollywood 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
7.08%
Cash-on-Cash
-2.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93