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Archie Drury Represents Jenni Coba And Joshua Mark Coba On Sale Of Homestead Condo

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SOLD
$16,200,000

New York

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Condo4,859 SF
Sold 03/17/2023
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Property Image
SOLD

Archie Drury Represents Jenni Coba And Joshua Mark Coba On Sale Of Homestead Condo

7600 Fisher Island Drive Unit 7611

See Similar Deals
Condo4,859 SF
Sold 03/17/2023
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Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$3,334
Total Square Footage:4,859 SF
Transaction Type:Sale

The property involved in this transaction is a condo located at 7600 Fisher Island Drive Unit 7611 in Homestead. The condo spans 4,859 square feet and was sold for a total price of $16,200,000, resulting in a price per square foot of $3,334. The seller of the condo is Jenni Coba and Joshua Mark Coba, who are associated with Europian Wax Center. The buyer is 7611 Fisher LLC. The deal was facilitated by broker Archie Drury of Douglas Elliman.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $16,200,000
  • Date: 03/17/2023
  • Market: Homestead

Archie Drury, representing Douglas Elliman, played a key role as the broker in this transaction. It is noteworthy that the buyer of the condo is 7611 Fisher LLC, while the seller, Jenni Coba and Joshua Mark Coba, are affiliated with Europian Wax Center.

Players

Archie Drury
2 deals$56.2M volume
BROKER

Details

SOLD
IMAGE: Archie Drury DATE: 03/17/2023 ADDRESS: 7600 Fisher Island Drive Unit 7611 MARKET: Homestead ASSET TYPE: Condo BUYER: 7611 Fisher LLC SELLER: Jenni Coba; Joshua Mark Coba - Europian Wax Center BROKER: Archie Drury - Douglas Elliman (@DouglasEllimanFlorida) SALE PRICE: $16,200,000 SF: 4,859 ~ PPSF: $3,334

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$57,555.18
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