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
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
4.52%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93