Verizon Signs Retail Lease At 1430 Richmond Avenue Staten Island For $60 Per Square Foot
1430 Richmond Avenue
$60
$60/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Jun 14, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 1430 Richmond Avenue in Staten Island. The total square footage of the asset is 2,000 square feet, and the asking rent is $60 per square foot. The lease type negotiated for this space is a Single Net Lease.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $60/ft
- Asset Address: 1430 Richmond Avenue
- Market: Staten Island
- Landlord: Global Realty Services
- Tenant: Verizon
- Brokers: Eddie Mamiye, Meyer Dagmy & Isaac Bijou - MOD
This transaction is represented by brokers Eddie Mamiye, Meyer Dagmy, and Isaac Bijou from MOD, underscoring their role in facilitating the lease between Global Realty Services and Verizon.
On the Map
$60
$60/SF
Retail
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Players
Staten Island Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
264383.33%
Cash-on-Cash
-75561.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93