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
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