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2066 Hylan Boulevard

Emil Branchinelli Sells Retail Property At 2066 Hylan Boulevard Staten Island For $4M
SOLDRetail

Emil Branchinelli Sells Retail Property At 2066 Hylan Boulevard Staten Island For $4M

2066 Hylan Boulevard

$4,000,000

$5,997/SF

Building Size

667 SF

Asset Type

Retail

Closing

Jan 17, 2025

AI

The property asset involved in this transaction is a retail space located at 2066 Hylan Boulevard in Staten Island. The sale was finalized for a price of $4,000,000, with a total square footage of 667 and a price per square foot of $5,997.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,000,000
  • Square Footage: 667
  • Price per Square Foot: $5,997
  • Address: 2066 Hylan Boulevard
  • Market: Staten Island
  • Seller: Emil Branchinelli
  • Broker: John Oliveri

The key individuals involved in this deal include the seller, Emil Branchinelli, and the broker representing the transaction, John Oliveri. The transaction was completed on January 17, 2025.

Players

John Oliveri

Broker

$133.9M

vol

18 deals

Broker

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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93