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Chariff Realty Group Represents Sale Of Retail Property At 666 Northwest 36th Street For $2.55M
SOLD
Florida
See Similar DealsRetail5,072 SF
Sold
SOLD
Chariff Realty Group Represents Sale Of Retail Property At 666 Northwest 36th Street For $2.55M
666 Northwest 36th Street
See Similar DealsRetail5,072 SF
Sold
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$502
Total Square Footage:5072 SF
Transaction Type:Sale
A retail property located at 666 Northwest 36th Street in Miami has been sold. The sale price of the property was $2,550,000, encompassing a total area of 5,072 square feet, which translates to a price per square foot of $503.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,550,000
- Address: 666 Northwest 36th Street
- Market: Miami
- Square Footage: 5,072
- Price Per Square Foot: $503
Lyle Chariff, Mauricio Zapata, and Luis Guevara of Chariff Realty Group represented the transaction, facilitating the sale on behalf of the involved parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$136,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,059.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,088.30
Annual Debt Service$145,059.61
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