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9640 West Broadview Drive, ...

Menachem Kranz Buys SFR In Bay Harbor Islands For $6M
SOLDSingle Family Residence

Menachem Kranz Buys SFR In Bay Harbor Islands For $6M

9640 West Broadview Drive, Bay Harbor Islands, Florida 33154, United States

$6,000,000

$457/SF

Building Size

13,125 SF

Asset Type

Single Family Residence

Closing

Oct 30, 2022

AI

The property involved in this transaction is a single-family residence located at 9640 W Broadview Dr in Bay Harbor Islands. The sale of this property was facilitated by Moshe Goldshtein from ONE Sotheby's International Realty. The transaction took place on October 31, 2022.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $6,000,000
  • Square Footage: 13,125
  • Price per Square Foot: $457
  • Market: Bay Harbor Islands

The buyer in this transaction was Menachem Kranz, and the seller was Jamie & Faith Barkin. Moshe Goldshtein from ONE Sotheby's International Realty represented the parties involved in the deal.

Players

Moshe Goldshtein

Sotheby's International Realty

Broker

$128M

vol

17 deals

Broker

Menachem Kranz

Buyer

$34.3M

vol

3 deals

Buyer

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

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93