Lorena And Vincent Theurer Of Approved Energy Acquire 18-Unit Multifamily At 59 Hylan Boulevard For $2.7M

This is a multifamily asset located at 59 Hylan Boulevard in the Rosebank neighborhood of Staten Island. The building features a total of 18 residential units and spans 19,400 square feet. It was sold for $2,700,000, which translates to a price per unit of $150,000 and a price per square foot of $139.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,700,000
• Units: 18
• Square Footage: 19,400
• Price Per Unit: $150,000
• Price Per Square Foot: $139
• Buyer: Lorena Theurer & Vincent Theurer - Approved Energy
• Seller: Salvatore Immitti
• Broker Representation: Vm Realty 22 LLC

Lorena and Vincent Theurer, representing Approved Energy, acquired the property from Salvatore Immitti's Hy-Cliff LLC. This transaction highlights the engagement of both buyers and sellers in the multifamily market segment of Staten Island.