Benjamin Weprin Acquires Automotive Property In Miami For $10.8M
7122 Northeast 2nd Avenue, Miami, Florida 33137, United States
$10,822,053
$4,777/SF
Building Size
2,265 SF
Asset Type
Retail
Closing
Feb 16, 2022
About this deal
AI
The automotive property located at 7122 NW 2nd Ave in Miami, FL has been sold in a transaction that closed on 02/17/2022. The property spans a total area of 2,265 square feet and was sold at a price of $10,822,053, resulting in a price per square foot of $4,778.
Summary of transaction details:
- Property Type: Automotive
- Transaction Amount: $10,822,053
- Square Footage: 2,265
- Address: 7122 NW 2nd Ave, Miami, FL
- Market: Miami, FL
The buyer in this transaction is Benjamin Weprin, while the seller is Avraham Dishi.
Players
Miami 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
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93