facebook
Traded Co logo
Submit

Barry Leventhal Of Allapattah Investments Acquires Retail Property In Miami For $4M

Property Image
SOLD
$4,000,000

Florida

See Similar Deals
Retail48,240 SF
Sold 09/16/2024
the dealplayerscompscontact
Property Image
SOLD

Barry Leventhal Of Allapattah Investments Acquires Retail Property In Miami For $4M

1536 NW 36 St

See Similar Deals
Retail48,240 SF
Sold 09/16/2024
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$82
Total Square Footage:48,240 SF
Transaction Type:Sale

The transaction involves the sale of a retail property located at 1536 - 1600 NW 36 St & 1535 NW 35 St in the Miami market. The asset was sold for $4,000,000 and encompasses a total square footage of 48,240, with a price per square foot of $82. The building also has a building square footage of 18,386 and a price per building square foot of $218.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,000,000
  • Buyer: Barry Leventhal - Allapattah Investments 1
  • Seller: James A. Goldsmith - Gator 6200 - 6212 NE 2nd Ave
  • Broker: Martin Bravo - APEX Capital Realty

Martin Bravo of APEX Capital Realty facilitated the transaction, representing the broker’s interests in the sale. APEX Capital Realty specializes in identifying and creating unique opportunities in the South Florida market.

Players

Martin Bravo
APEX Capital Realty
Martin Bravo
8 deals$28.6M volume
BROKER

Details

SOLD
IMAGE: Martin Bravo DATE: 09/16/2024 ADDRESS: 1536 - 1600 NW 36 St & 1535 NW 35 St MARKET: Miami ASSET TYPE: Retail BUYER: Barry Leventhal - Allapattah Investments 1 SELLER: James A. Goldsmith - Gator 6200 - 6212 NE 2nd Ave BROKER: Martin Bravo (@MrtnBrvo) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $4,000,000 SF: 48,240 ~ PPSF: $82 BSF: 18,386 ~ PPBSF: $218 NOTE FROM BROKER: APEX Capital Realty specializes in finding and creating South Florida’s most unique and lucrative opportunities in the market. Contact us to help you guide you in your next acquisition.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$213,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49