Emil Branchinelli Sells Retail Property At 2066 Hylan Boulevard Staten Island For $4M
SOLD
$4,000,000
New York
See Similar DealsRetail667 SF
Sold 01/17/2025
SOLD
Emil Branchinelli Sells Retail Property At 2066 Hylan Boulevard Staten Island For $4M
2066 Hylan Boulevard
See Similar DealsRetail667 SF
Sold 01/17/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$5,997
Total Square Footage:667 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49
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