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
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