Daniel Kodsi & Sergio Moises Acquire Store In Miami, FL For $4.45M
61 Northeast 9th Street, Homestead, Florida 33030, United States
$4,450,000
$812/SF
Building Size
5,478 SF
Asset Type
Retail
Closing
May 9, 2022
AI
A store located at 61 NE 9th St in Miami, FL has been sold. The property, spanning 5,478 square feet, was purchased by Daniel Kodsi & Sergio Moises for a total of $4,450,000. The price per square foot for this transaction was $812.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $4,450,000
- Address: 61 NE 9th St, Miami, FL
- Market: Miami, FL
- Square Footage: 5,478
- Buyer: Daniel Kodsi & Sergio Moises
- Seller: Yue-Chuan Shih
In this deal, Daniel Kodsi & Sergio Moises were represented by their broker representatives. No additional information is available about the transaction.
Players
Homestead 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
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93