Joseph Biondolillo Acquires Retail Asset On Clove Road Staten Island For $5.1M
1265 Clove Road
$5,100,000
$618/SF
Building Size
8,250 SF
Asset Type
Retail
Closing
Jan 8, 2026
About this deal
AI
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.
On the Map
$5,100,000
$618/SF
Retail
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Players
Staten Island Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93