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55 Richmond Terrace, Staten...

BFC Partners Leases 2564 Square Feet At 55 Richmond Terrace Staten Island With James Prendamano
LEASEDRetail

BFC Partners Leases 2564 Square Feet At 55 Richmond Terrace Staten Island With James Prendamano

55 Richmond Terrace, Staten Island, N...

Building Size

2,564 SF

Asset Type

Retail

Closing

Aug 26, 2019

AI

The property asset involved in the lease transaction is located at 55 Richmond Terrace, Staten Island, NY. The total size of the space is 2,564 square feet, and it is situated in the Staten Island market.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 55 Richmond Terrace, Staten Island, NY
  • Square Feet: 2,564
  • Landlord: BFC Partners
  • Landlord's Representative: James Prendamano - Prendamano Real Estate

This lease transaction was facilitated through the representation of James Prendamano, who is associated with Prendamano Real Estate, acting on behalf of the landlord BFC Partners. The collaboration highlights the involvement of experienced professionals in the Staten Island real estate market.

Players

James Prendamano

PreReal Real Estate

Broker

$100M

vol

3 deals

Broker
BFC PARTNERS
BFC PARTNERSLandlord

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