Pegasus Investment Partners Acquires Rossville Self-Storage For $31M
2601 Veterans Road West, Staten Island, New York 10309, United States
$31,000,000
$220/SF
Building Size
140,830 SF
Asset Type
—
Closing
Jun 1, 2022
About this deal
AI
The self-storage property located at 2601 Veterans Road West in Rossville has been sold for a price of $31,000,000. Spanning across a total area of 140,830 square feet, the property was sold at an approximate price per square foot of $220. The transaction occurred on 06/02/2022.
Summary of transaction details
- Property Type: Self-Storage
- Transaction Amount: $31,000,000
- Address: 2601 Veterans Road West, Rossville
- Market: Rossville
- Buyer: Pegasus Investment Partners
- Seller: Abingdon Square Partners
Ken Chasin & David B. Chasin represented the property during the sale as the buyer's representatives. No additional information regarding the deal's key individuals and companies was provided.
On the Map
$31,000,000
$220/SF
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93