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Paul Goldenberg Acquires 5-Unit Retail Property In Staten Island For $6.875M

Property Image
SOLD
$6,875,000
Scott Plasky
PG

Connecticut

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Retail9,960 SF
Sold 03/10/2020
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Property Image
SOLD

Paul Goldenberg Acquires 5-Unit Retail Property In Staten Island For $6.875M

2397 Hylan Blvd #2409, Staten Island, Ny 10306, Usa

See Similar Deals
Retail9,960 SF
Sold 03/10/2020
Scott Plasky
PG
the dealplayerscompscontact
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Summary

CONNECTICUT
Asset Type:Retail
Price Per Square Foot:$690
Total Square Footage:9,960 SF
Transaction Type:Sale

A five-unit retail property located at 2397-2409 Hylan Boulevard in Staten Island has been sold for a total of $6,875,000. The property spans a total of 9,960 square feet, resulting in a price per square foot (PPSF) of $690. It is fully occupied and consists of five retail units.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $6,875,000
  • Square Feet: 9,960
  • Price Per Square Foot: $690
  • Units: 5

The seller of the property was Joe Laforgia, while the buyer was Paul Goldenberg. The transaction was facilitated by broker Scott Plasky.

This successful transaction represents a significant deal in the Staten Island market, showcasing the demand for retail properties in the area. The fully occupied nature of the property makes it an attractive investment, offering stability and potential rental income for the new owner.

Players

Scott Plasky
Marcus & Millichap
Scott Plasky
78 deals$406.4M volume(212) 430-5229
BROKER
PG
Paul Goldenberg
2 deals$12.6M volume
BUYER

Details

SOLD
IMAGE: Scott Plasky DATE: 03/10/2020 ADDRESS: 2397-2409 Hylan Boulevard MARKET: Staten Island ASSET TYPE: Retail SALE PRICE: $6,875,000 SF: 9,960 PPSF: $690 UNITS: 5 PPU: $1,375,000 SELLER: Joe Laforgia BUYER: Paul Goldenberg BROKER: Scott Plasky NOTE: Five Unit Retail Property – 100% Occupied

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