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2501 Northwest 5th Avenue &...

Updated Oct 29, 2024

Goldman Properties Acquires Retail Property In Miami For $5.2M
SOLD

Goldman Properties Acquires Retail Property In Miami For $5.2M

$5,200,000

Building Size

Asset Type

Closing

Nov 23, 2020

About this deal

AI

No summary available.

Goldman Properties Acquires Retail Property In Miami For $5.2M is logged as a commercial sale on Traded (2020). Named participants on the Goldman Properties Acquires Retail Property In Miami For $5.2M sale are Jessica Goldman Srebnick, Benjamin "Ben" Stokes, Benjamin "Ben" Bernstein, Ben Bernstein. This page is the market file for the Goldman Properties Acquires Retail Property In Miami For $5.2M commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Cite this Goldman Properties Acquires Retail Property In Miami For $5.2M sale when underwriting similar commercial product.

Players

Benjamin Stokes

Broker

$5.2M

vol

1 deal

Broker
Jessica Goldman Srebnick

Jessica Goldman Srebnick

Goldman Properties

Buyer

$24.1M

vol

4 deals

Buyer
RedSky Capital
RedSky CapitalSeller
Ben Bernstein

Ben Bernstein

RedSky Capital

Seller

$129.7M

vol

6 deals

Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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