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1430 Richmond Avenue

Verizon Signs Retail Lease At 1430 Richmond Avenue Staten Island For $60 Per Square Foot
LEASEDRetail

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

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.

Players

Isaac Bijou

MOD

Broker

$1.4M

vol

39 deals

Broker
Meyer Dagmy
Verified Badge

Meyer Dagmy

MOD

Broker

$5.5M

vol

90 deals

Broker
Global Realty Services
Global Realty Services Landlord

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