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Moishe Mana Pays $16M For Commercial Assemblage In Allapattah

Moishe Mana fattened up his Allapattah portfolio with a $16 million acquisition of properties.

An entity controlled by Mana, one of the largest landowners in Allapattah, Wynwood and downtown Miami, acquired 10 properties along Northwest Seventh Avenue between 28th and 29th streets, according to property records.

The parcels include Las Rosas bar and lounge at 2898 Northwest Seventh Avenue, four retail buildings at 2800, 2820, 2840 and 2850 Northwest Seventh Avenue and a former grocery market at 728 Northwest 29th Street. The four other properties are a single-family house at 731 Northwest 28th Street, a single-story warehouse at 753 Northwest Seventh Avenue and parking lots at 719 Northwest 28th Street and 2810 Northwest 7th Avenue.

The seller, two entities managed by Ari Dispenza, James Quinlan, and Douglas H. Levine, paid about $4.1 million for the properties between 2014 and 2016, records show. The buildings were constructed between 1925 and 1974.

 

Source:  The Real Deal

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Firm Tied To Moishe Mana Buys Retail Properties In Miami’s Allapattah For $16M

A company affiliated with real estate entrepreneur Moishe Mana acquired a collection of retail properties in the Allapattah neighborhood of Miami for $16 million.

The most notable building was the home of independent grocer Allapattah Supermarket, which is at the gateway of the neighborhood from Wynwood to the east.

AM1 LLC, Wynwood West LLC, and Big Big Allapattah LLC, respectively managed by Ari DispenzaJames Quinlan, and Douglas H. Levine, sold 1.84 acres at 728 N.W. 29th St., 2800 to 2898 N.W. Seventh Ave., and 719 to 753 N.W. 28th St. The buyer was 728 NW 29th Street Realty LLC, which traces to a company managed by Mana. The deal covers 35,639 square feet of commercial properties and a 1,120-square-foot single-family home.

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