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Joseph Biondolillo Acquires Retail Asset On Clove Road Staten Island For $5.1M

Property Image
SOLD
$5,100,000

New York

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Retail8,250 SF
Sold 01/09/2026
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Property Image
SOLD

Joseph Biondolillo Acquires Retail Asset On Clove Road Staten Island For $5.1M

1265 Clove Road

See Similar Deals
Retail8,250 SF
Sold 01/09/2026
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$618
Total Square Footage:8,250 SF
Transaction Type:Sale

The property asset involved in this transaction is a retail space located at 1265 Clove Road in Staten Island. The total sale price of the property was $5,100,000, covering an area of 8,250 square feet, which translates to a price per square foot of $618.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,100,000
  • Address: 1265 Clove Road
  • Market: Staten Island
  • Square Footage: 8,250
  • Price per Square Foot: $618
  • Buyer: Joseph Biondolillo
  • Seller: William Jebaily
  • Broker: Robert Nixon - PreReal Real Estate
  • Buyer's Attorney: James Thomson - Thomson Law

The key individuals involved in the transaction include the buyer, Joseph Biondolillo, and the seller, William Jebaily. The transaction was facilitated by Robert Nixon from PreReal Real Estate, who represented the seller, while James Thomson from Thomson Law served as the attorney for the buyer.

Players

Robert "Rob" Nixon
9 deals$99M volume
BROKER

Details

SOLD
IMAGE: Joseph Biondolillo, Robert Nixon & James Thomson DATE: 1/9/2026 ADDRESS: 1265 Clove Road MARKET: Staten Island ASSET TYPE: Retail BUYER: Joseph Biondolillo SELLER: William Jebaily BROKER: Robert Nixon (@RobNixonNYC) - PreReal Real Estate (@PreRealEstate) BUYER'S ATTORNEY: James Thomson (@NYNJ.Law) - Thomson Law SALE PRICE: $5,100,000 SF: 8,250 ~ PPSF: $618 "Rob"Nixon

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$271,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,176.60
Annual Debt Service$290,119.22