BFC Partners Acquires Development Site In Staten Island For $2.15M
SOLD
$2,150,000
New York
See Similar DealsDevelopment Site294,490 SF
Sold 05/19/2020
SOLD
BFC Partners Acquires Development Site In Staten Island For $2.15M
27 Wave St, Staten Island, NY 10304, USA
See Similar DealsDevelopment Site294,490 SF
Sold 05/19/2020
Summary
NEW YORK
Asset Type:Development Site
Price Per Square Foot:$7
Total Square Footage:294,490 SF
Transaction Type:Sale
A development site located at 27-31 Wave Street in Stapleton, Staten Island, has been sold for $2,150,000. The site spans 29,449 square feet and has a price per buildable square foot of $73.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $2,150,000
- Property Address: 27-31 Wave Street, Stapleton, Staten Island
- Market: Staten Island, Stapleton
- Buildable Square Footage: 29,449
- Price per Buildable Square Foot: $73
Rosario Caracci sold the development site to BFC Partners. The transaction was facilitated by brokers Sean R. Kelly, Esq., Michael Tortorici, and John Higgins from ArielPA.NYC.
Note: The site will be merged with [...]
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$114,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,638.49
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,192.10
Annual Debt Service$122,305.16
Is there something missing? Send suggestions