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35 Bay St, Staten Island, N...

Updated Oct 29, 2024

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

About this deal

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.

On the Map

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Players

Peter Botsaris

Botsaris Morris Realty Group

Broker

$2.5M

vol

2 deals

Broker
Triangle Equities
Triangle EquitiesLandlord
The Learning Experience
The Learning ExperienceTenant
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Staten Island Commercial Market Snapshot

Boundary boundary · Commercial · Lease transactions

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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

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