Alejandro Kacheroff Purchases Retail Property From Diego Ojeda For $1.9 Million In Miami
SOLD
$1,193,400
Florida
See Similar DealsRetail1,700 SF
Sold 11/21/2024
SOLD
Alejandro Kacheroff Purchases Retail Property From Diego Ojeda For $1.9 Million In Miami
56 Northeast 29th Street
See Similar DealsRetail1,700 SF
Sold 11/21/2024
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$702
Total Square Footage:1,700 SF
Transaction Type:Sale
The retail property located at 94 NE 29th street in Miami has been sold for $1,193,400. The asset encompasses a total area of 702 square feet, resulting in a price per square foot of $1,700.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,193,400
- Address: 94 NE 29th street
- Market: Miami
- Square Footage: 702
- Price Per Square Foot: $1,700
- Buyer: Alejandro Kacheroff
- Seller: Diego Ojeda
- Brokers: Jake Lecce & Andres Andrade - Cervera Real Estate - The Rider; Ivanna Trachter - EXP Realty
The involved individuals include buyer Alejandro Kacheroff and seller Diego Ojeda. The transaction was facilitated by brokers Jake Lecce and Andres Andrade from Cervera Real Estate and The Rider, along with Ivanna Trachter from EXP Realty, highlighting the collaborative efforts in this real estate deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$63,648.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,239.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,657.32
Annual Debt Service$67,887.90
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