Stefan Grosfeld Purchases Retail Asset At 661 West Sunrise Boulevard For $2,650,000
661 West Sunrise Boulevard
$2,650,000
$841/SF
Building Size
3,150 SF
Asset Type
Retail
Closing
Aug 28, 2026
About this deal
AI
The property asset involved in the transaction is a retail space located at 661 West Sunrise Boulevard, in the Fort Lauderdale market. The sale price for the asset was $2,650,000, encompassing a total of 31,613 square feet, which equates to a price per square foot of $84.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,650,000
- Address: 661 West Sunrise Boulevard
- Market: Fort Lauderdale
- Square Footage: 31,613
- Price per Square Foot: $84
- Buyer: Stefan Grosfeld
- Seller: Robert Vogle
- Buyer's Representative: Jose Sasson Lerner & Roberto Susi - AXIOM Capital Advisors
- Date of Sale: 08/28/2026
Jose Sasson Lerner and Roberto Susi from AXIOM Capital Advisors represented the buyer, Stefan Grosfeld, in this transaction. Their firm specializes in sourcing and facilitating off-market transactions, highlighting a focus on tailored services for their clients.
On the Map
$2,650,000
$841/SF
Retail
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Players
Fort Lauderdale 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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93