Updated Apr 28, 2026
Emerald Group And Infinite Care Centers Acquire Nursing Home In Staten Island For $82M
91 Tompkins Avenue
$82,000,000
$634/SF
Building Size
129,333 SF
Asset Type
Nursing Home
Closing
Mar 13, 2026
About this deal
AI
The transaction involves the sale of a nursing home located at 91 Tompkins Avenue in Clifton, Staten Island. The property was sold for $82,000,000, encompassing a total square footage of 129,333, which translates to a price per square foot of $634.
Summary of transaction details:
- Property Type: Nursing Home
- Transaction Amount: $82,000,000
- Address: 91 Tompkins Avenue
- Market: Clifton, Staten Island
- Square Footage: 129,333
- Price Per Square Foot: $634
- Buyer: Emerald Group & Infinite Care Centers
- Seller: Daryl Hagler & Centers Health Care
The buyer, Emerald Group and Infinite Care Centers, acquired the property from Daryl Hagler and Centers Health Care, as part of a broader portfolio transaction reported to be worth $1.7 billion.
Players
Staten Island Nursing Home Market Snapshot
Boundary boundary · Nursing Home · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93