Menachem Kranz Sells Single Family Home In Bay Harbor Islands For $21.77M With Brokers Moshe Goldshtein & Vanessa Frank
9640 West Broadview Drive
$21,770,000
$2,718/SF
Building Size
8,007 SF
Asset Type
Single Family Residence
Closing
Jun 14, 2026
AI
The property involved in this transaction is a single-family home located at 9640 West Broadview Drive in the Bay Harbor Islands market. The asset spans 8,007 square feet and was sold for $21,770,000, which equates to a price per square foot of $2,719.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $21,770,000
- Address: 9640 West Broadview Drive
- Market: Bay Harbor Islands
- Square Footage: 8,007
- Price per Square Foot: $2,719
- Seller: Menachem Kranz
- Broker Representatives: Moshe Goldshtein & Vanessa Frank - One Sotheby's International Realty
- Developer: Menachem Kranz
- Architect: Stephanie Halfen - SDH Studio
- Interior Designer: Alizee Brion - Light On White
- Builder & Project Management: Michael Jaar - The Jaar Group
- Landscape Designer: Carolina Monteiro - CLAD
The transaction was facilitated by broker representatives Moshe Goldshtein and Vanessa Frank from One Sotheby's International Realty. The involvement of Menachem Kranz is notable as he served as both the seller and developer for this property, while the architectural design was handled by Stephanie Halfen from SDH Studio. Alizee Brion from Light On White contributed to the interior design, and Michael Jaar from The Jaar Group managed the construction and project oversight, with landscaping designed by Carolina Monteiro of CLAD.
Players
Bay Harbor Islands Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.73%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93