EXP Realty Sells Retail Property In New York City For $3.9M
1650 Hylan Blvd Staten Island, NY 10305, USA
$3,900,000
$696/SF
Building Size
5,596 SF
Asset Type
Retail
Closing
Jun 7, 2023
About this deal
AI
The retail property located at 1650 Hylan Boulevard in New York City has been sold for a price of $3,900,000. The property spans over 5,596 square feet, resulting in a price per square foot of $697. The transaction took place on 06/07/2023 and was facilitated by broker Salvatore Settepani from EXP Realty.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,900,000
- Address: 1650 Hylan Boulevard, New York City
- Square Footage: 5,596
- Price per Square Foot: $697
- Market: New York City
Salvatore Settepani from EXP Realty played a key role in the transaction as the broker representing the parties involved. The deal was successfully closed, allowing the buyer and seller to complete the sale of the retail property at 1650 Hylan Boulevard.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit EXP Realty to view all their deals.
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93