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
About this deal
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.
On the Map
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93