facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Commercial

/

Lease

/

35 Bay St, Staten Island, N...

Triangle Equities Leases 35 Bay St To The Learning Experience In Staten Island
LEASEDCommercial

Triangle Equities Leases 35 Bay St To The Learning Experience In Staten Island

35 Bay St, Staten Island, NY, 10301

Building Size

11,000 SF

Asset Type

Commercial

Closing

Apr 19, 2018

AI

The commercial property located at 35 Bay St, Staten Island, NY, 10301 consists of 11,000 square feet. It is situated in the Staten Island market and is managed by Triangle Equities as the landlord. The property is leased to The Learning Experience.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: Not specified
  • Address: 35 Bay St, Staten Island, NY, 10301
  • Square Feet: 11,000
  • Landlord: Triangle Equities
  • Tenant: The Learning Experience
  • Landlord's Representative: Peter Botsaris - Botsaris Morris Realty Group

Peter Botsaris, representing Botsaris Morris Realty Group, facilitated the leasing transaction for the landlord Triangle Equities. The deal involves the tenant, The Learning Experience, which is now occupying the commercial space outlined above.

Players

Peter Botsaris

Botsaris Morris Realty Group

Broker

$2.5M

vol

2 deals

Broker
Triangle Equities
Triangle EquitiesLandlord
The Learning Experience
The Learning ExperienceTenant

Staten Island Commercial Market Snapshot

Boundary boundary · Commercial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93