Robert Nixon Of PreReal Real Estate Facilitates $10.8M Package Deal Sale In Staten Island
3333 Hylan Boulevard & 3311 Hylan Boulevard
$10,800,000
$229/SF
Building Size
47,058 SF
Asset Type
Package Deal
Closing
Jul 1, 2024
AI
This package deal consists of two buildings located at 3333 Hylan Boulevard and 3311 Hylan Boulevard in Staten Island, fully leased to a prominent medical group. The total square footage of the properties is 23,529, with a price per square foot of $459 and an overall sale price of $10,800,000.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $10,800,000
- Square Footage: 23,529
- Price Per Square Foot: $459
- Address: 3333 Hylan Boulevard & 3311 Hylan Boulevard
- Market: Staten Island
- Broker: Robert Nixon - PreReal Real Estate
Rob Nixon of the Nixon Team at PreReal Real Estate led the transaction and represented both parties involved in the deal.
Players
Staten Island Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93