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2270 Hylan Boulevard

Kevin Guo Acquires Retail Property From Remini Family At 2270 Hylan Boulevard For $3.51M
SOLDRetail

Kevin Guo Acquires Retail Property From Remini Family At 2270 Hylan Boulevard For $3.51M

2270 Hylan Boulevard

$3,510,000

$501/SF

Building Size

7,000 SF

Asset Type

Retail

Closing

Mar 24, 2026

AI

The asset involved in the transaction is a retail property located at 2270 Hylan Boulevard in Staten Island. The sale price was $3,510,000, and the property encompasses 7,000 square feet, resulting in a price per square foot of $501.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,510,000
  • Address: 2270 Hylan Boulevard
  • Market: Staten Island
  • Square Footage: 7,000
  • Price Per Square Foot: $501
  • Buyer: Kevin Guo
  • Seller: Remini Family
  • Broker: Robert Nixon - PreReal Real Estate

Rob Nixon of the Nixon Team at PreReal Real Estate represented both the buyer and seller in this transaction. The property is well-known in Staten Island, previously serving as the home of Family Fruit, marking a significant deal for the area.

Players

Robert Nixon

PreReal Real Estate

Broker

$99M

vol

9 deals

Broker

Staten Island Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.52%

Cash-on-Cash

-1.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93