Healthier 2455 Hylan Realty Acquires Retail Property In Staten Island From ACHS Management
2455 Hylan Blvd, Staten Island, NY, USA
$3,550,000
$541/SF
Building Size
6,560 SF
Asset Type
Retail
Closing
Feb 18, 2021
AI
The retail property located at 2455 Hylan Blvd in Staten Island has been sold in a recent transaction. The property spans an area of 6,560 square feet and was sold for a total price of $3,550,000, resulting in a price per square foot of $541. The seller, ACHS Management represented by Alex Adjmi, completed the sale to the buyer, Healthier 2455 Hylan Realty, represented by Joyce Yee. The transaction was facilitated by broker John Oliveri of STL REALTY LLC.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,550,000
- Market: Staten Island
- Address: 2455 Hylan Blvd
John Oliveri from STL REALTY LLC played a crucial role as the broker in this transaction, mediating between the buyer and the seller. Alex Adjmi represented ACHS Management in the sale, while Joyce Yee acted as the representative for Healthier 2455 Hylan Realty. The retail property at 2455 Hylan Blvd continues to be a noteworthy asset in the Staten Island market.
Players
New York 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
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93