Marvin Beinhorn Leases Retail Space To Yoyo Chicken At 158 Page Avenue Staten Island
158 Page Avenue
$100
$100/SF
Building Size
2,000 SF
Asset Type
Retail
Closing
Sep 30, 2025
AI
The property asset involved in this transaction is a retail space located at 158 Page Avenue in Staten Island, with a leasing rate of $100 per square foot. The total square footage of the space is 2,000, and it is categorized under a NNN Lease structure.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $200,000
- Address: 158 Page Avenue
- Market: Staten Island
- Landlord: Marvin Beinhorn
- Tenant: Yoyo Chicken
- Brokers: Josh Augenbaum & Murray Mizrachi - Augenbaum Realty
In this lease transaction, the representatives involved are Josh Augenbaum and Murray Mizrachi from Augenbaum Realty, facilitating the agreement between the landlord and tenant. A noteworthy aspect mentioned by the brokers is the presence of a Fully Built-out Sonic Drive Thru next door, which could be relevant for the tenant's business considerations.
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
158630.00%
Cash-on-Cash
-45336.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93