Kimco Realty Leases 68000 Square Feet At 2600 Hylan Blvd Staten Island With Howard Seidenfeld As Tenant's Rep
2600 Hylan BLVD, Staten Island, NY, 1...
Building Size
68,000 SF
Asset Type
Retail
Closing
May 3, 2017
About this deal
AI
The property involved in this transaction is located at 2600 Hylan Blvd, Staten Island, NY, encompassing a total square footage of 68,000. The property falls within the Staten Island market and is associated with Kimco Realty as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 2600 Hylan Blvd, Staten Island, NY
- Market: Staten Island
- Square Feet: 68,000
- Landlord: Kimco Realty
- Tenant's Representative: Howard Seidenfeld
The transaction features Howard Seidenfeld as the representative for the tenant. His involvement signifies a professional arrangement aimed at fulfilling the leasing needs between Kimco Realty and the tenant.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93