Dima Tsepenyuk Acquires Dongan Hills Property From SCI Corporation International For $1.9M
1707 Hylan Blvd, Dongan Hills, Staten Island, NY, USA
$1,900,000
$114/SF
Building Size
16,550 SF
Asset Type
Mixed-use
Closing
Dec 26, 2018
AI
SCI Corporation International has sold a property in Dongan Hills, Staten Island, located at 1707 Hylan Blvd & 285 Garretson Avenue. The buyer, Dima Tsepenyuk, acquired the property for $1,900,000. The total square footage of the property is 16,550 SF. Lot 1 consists of 8,750 SF with an existing unit measuring 4,543 SF. Lot 2 is a vacant land covering 7,800 SF. The transaction took place on 12/27/2018.
Summary of transaction details
- Property Type: Sale
- Transaction Amount: $1,900,000
- Square Footage: 16,550 SF
- Address: 1707 Hylan Blvd & 285 Garretson Avenue
- Market: Dongan Hills, Staten Island
The seller, SCI Corporation International represented by Stephen Webster, completed the deal with the assistance of brokers James Ryan and Daniel O’Mahony from B6 Real Estate and Ryan Team NYC.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93